Vesper: Now ready to disrupt the dairy commodity intelligence market in India

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India is the biggest producer of milk in the world and is becoming a large player in the international market. It is crucial to have the latest information and prices in the market to stay on top of price fluctuation. Vesper is the most trusted dairy intelligence platform and publishes prices from all around the world for protein, cheeses and commodities. Here is what a Fonterra user had to say: “For our sales team Vesper helps us with preparation for negotiations, and understanding the market”.

Customers benefit by saving time having all the right information in the same place. Users increase negotiation power with real time prices and the latest information at the palm of their hands. Vesper has the most accurate forecast in the market and uses the latest Artificial Intelligence to forecast prices 6 months in advance. Users benefit from having access to Vesper wherever they are with a state of the art mobile app.

Fast-growing Amsterdam scale-up, Vesper, has raised €5 million in a seed round led by venture studio Slimmer AI. The round also saw participation from a number of angel investors including Adriaan Mol, two-time unicorn founder of Mollie and MessageBird. Launched by Alexander Sterk in October 2019, Vesper solves the tremendous challenges faced by commodity traders, buyers, and sellers, including a lack of accurate and independent information, antiquated and disparate systems, and the need for real-time value-add insights. The demand for commodity intelligence continues to soar, propelling towards an expected total market of $4.9 billion by 2026. Less than 2 years into their journey, Vesper is trusted by many of the biggest brands in the market, including Nestlé, Fonterra, Cargill, Unilever, Lactalis, and Danone. In India, Vesper already works with brands such as ACE International, Asha & Rams, Herbalife, DKSH, KP Manish, Abhaya international, and Ankush Industries. Through its offering, Vesper supports these clients to improve their trading strategies, make informed pricing decisions, and de-risk potential trades.

About Vesper: Vesper,, is an independent business intelligence platform that saves users hours of time looking for information and provides all relevant insights and data in one consolidated and personalised overview. Next to its proprietary Vesper Price Index, the platform offers price and stock calculations, real time futures and the most accurate forecast in the market with 90%+ probability using AI and machine learning.

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