Country Delight raises $20 Mn in Series E round
Gurugram-based dairy brand Country Delight secured $20 million in a series E funding round, led by Temasek with Rs 78.16 crore, Seviora Capital contributing Rs 57.77 crore, and participation from existing investor Venturi Partners with Rs 28.55 crore. The company, valued at approximately $819 million post-allotment, plans to raise more funds. Country Delight offers dairy products, bakery goods, and farm produce directly sourced from farms, operating in 15 cities. In FY22, its revenue grew by 69.2% to Rs 543 crore, but losses surged sixfold to Rs 186 crore.
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https://entrackr.com/2024/01/c....ountry-delight-raise