Private Equity

PE Fund Investments

Dairy brand Country Delight in talks to raise $100-M

Economic Times  

Dairy brand Country Delight is in talks with private equity funds Temasek, Venturi Partners, and Premji Invest to raise USD 90-100 million, valuing it at USD 500-550 million. Other investors such as Trifecta Capital have also held discussions with the company. Some existing investors such as Matrix Partners and Orios Ventures are also participating in the fresh funding round. The investment is expected to help Country Delight grow its grocery delivery business.

From the Venture Intelligence PE-VC Deal Database: The Bengaluru-based firm had raised USD 25 million led by Elevation Capital (formerly SAIF Partners) in November 2020. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)