mooMark Private Limited (DFC-2024-MOOMARKPRIVATE)

Countries
  • India
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
mooMark Private Limited
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 22.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS May 31, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project consists of capital expenditures financing to allow mooMark to expand its production of value-added dairy products, boosting incomes for additional dairy farmers and contributing to the reduction of food insecurity in India.

The Project will support mooMark’s construction and purchase of advanced machinery, equipment, and materials to expand milk collection, chilling, and processing centers. This is expected to improve supply chain efficiency, ensure the quality of dairy products, and support the livelihoods of smallholder farmers by improving access to markets and fair pricing for their milk.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The proposed Project is screened as Category B under DFC’s environmental and social guidelines because impacts are readily mitigated using standard industry practices. Project requirements include the need for a robust environmental and social management system that addresses contractor management, occupational health and safety, food safety, fire prevention and control, resource efficiency and pollution management, and waste management.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

12-year direct loan of an amount up to $10.0 million

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

According to the Company’s website, Moomark is at the forefront of solving the quality challenges in Indian dairy, addressing critical gaps in Farming, Procurement, and Processing.

Moomark, a wholly owned subsidiary of Stellapps, is addressing these with India’s first dedicated, fully traceable, and sustainable dairy solution. Working at the intersection of technology and dairy nutrition, mooMark provides tailored solutions for FMCG, HoReCa, and D2C businesses, offering private labeling, contract manufacturing, ingredient sourcing, and concept-to-product development for value added dairy products.

Using a low-capex, tech-powered approach, mooMark delivers high-quality dairy products with complete traceability, reducing carbon footprint from farm to product. Our advanced tech stack strengthens sustainability and supports Net Zero goals, allowing our partners to offer premium dairy products with unique value.

With access to 67,000 farmers, a 360,000-liter daily capacity, and two advanced facilities across 1,600 villages, we bring products like curd, paneer, ghee, and cheese to market, offering partners traceability, scalable production, and sustainable sourcing. mooMark’s data-driven manufacturing not only ensures quality but gives our partners a competitive edge in today’s market

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - mooMark Private Limited Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

Unlike many other development finance institutions, DFC does not currently have an access to information policy.

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia

ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)

The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability

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How it works