Private Equity Private Equity Fund Investments
Packaged foods firm Wingreens raises $17-M from Investcorp, Omidyar Network India
Source PTI (opens in a new tab)
Gurugram-based packaged food company Wingreens Farms has raised INR 124 crore (about USD 17 million) in a round led by Investcorp and Omidyar Network India. Veda Corporate Advisors advised Wingreens on the deal.
Set up in 2011, Wingreens focuses on women empowerment, addressing a market opportunity in the healthy products segment. It offers dips, fruit juices (under the brand RAW Pressery), healthy snacks, sauces and spreads and spice mixes.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Sep-15 and Jan-21, Wingreens Farms raised funding from DSG Consumer Partners, FidelisWorld, Saama Capital, Sequoia Capital India, responsAbility, Anicut Capital, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)