[1] During his visit to Paris, France, in 2005, Muhammad Yunus, the founder of Grameen Bank was invited by Franck Riboud, the chief executive officer of Groupe Danone (known as Dannon in the US).
There Yunus proposed to form a joint venture between Grameen and Danone with the objective of supplying nutritious food to poor children of Bangladesh.
[4] The launch of Grameen Danone received considerable attention and was attended by celebrities including French soccer player Zinedine Zidane of France.
[5] Grameen Danone was led by Corinne Bazina from 2010 to 2014, Eric Ipavec from 2014 to 2016, Valérie Mazon from 2017 to 2018, and Dipesh Nag since 2020.
Grameen Danone Foods Ltd. produces a yoghurt called Shokti Doi containing protein, vitamins, iron, calcium, zinc and other micronutrients aimed to fill nutritional deficits of children in Bangladesh.