Debt financing
Dairy brand Country Delight raises Rs.70-Cr from Alteria Capital
Gurugram-based dairy brand Country Delight has raised INR 70 crore (about USD 8.45 million) in debt from Alteria Capital by issuing 7,000 non-convertible debentures (NCDs) at INR 1,00,000 each.Country Delight offers the delivery of milk, milk products, fruits and vegetables on a subscription basis. The platform claims to engage directly with the farmers without middlemen. It’s operational in Delhi (NCR), Mumbai, Bengaluru, and Chennai, among others.
Between Mar-18 and Mar-24, Country Delight had raised over USD 211 M from Temasek, Alteria Capital, Venturi Partners, Elevation Capital, Z47, IIFL AMC, Orios VP, Trifecta Capital, SWC Global Fund, Others.
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