A leading dairy-FMCG company in India, Parag Milk Foods Limited, has announced that it has raised a total of Rs 131 crore through preferential allotment fromamazon magnesium citrate liquid marquee investors and promoters. Investors have put in around Rs 113 crore, demonstrating their trust in the company&8217;s ethos, values as well as a promising growth strategy. In addition, the metabolic maintenance magnesium citratepromoters will also invest Rs 18.75 crore.Devendra Shah, chairman, Parag Milk Foods now foods magnesium citrate 400 mgLtd, said, “We have despring valley calcium citrate 600 mglivered a robust Q1 performance with a 57.6% Y-o-Y increase in revenue; surpassing our internal growth targets both in termmag glycinate for constipations of volume and value. The overall growth is broad-based and driven by strong traction across all our verticals. As we enter into the festive season, the demand momentum for dairy products continues to accelerate and all our brands are witnessing a surge in the overall offtake. This fund raise comes at an opportune time to enable us to meet our expanded working capital need to capitalise on demand potential and pave the way for a profitable business ahead.”