Following is an excerpt from a report in Economic Times.

Mumbai Angels, an angel investment network, will invest in Kolkata-based milk packaging and distributing company Milk Mantra . The company, which is the latest in the agri sector to catch attention of investors, has already received early stage funding from Avishkar and an angel investor based in the UK.

“The company is planning to introduce fresh milk in cartons for the first time in India. It is a huge opportunity for a market like India where fresh milk is available only in plastic covers, which are not always hygienic.

… “Our aim is to offer direct to home service of fresh milk packed in a more hygienic manner. We have tied up with about 50,000 farmers in Orissa to procure milk. We expect to start business this year and in the initial phase it will be available in Kolkata and Bhubaneswar,” he said.