Country Delight Raises $20 Million In Funding From Temasek, Venturi Partners

Jan 05, 2024•almost 2 years ago

Amount Raised

$20 Million

GurgaonManufacturing

Investors

Seviora T3 FVenturi PartnersTemasek

Description

Direct-to-consumer (D2C) fresh foods brand Country Delight has raised around $20 million (around Rs 164 crore) in a funding round led by Singapore’s sovereign fund Temasek, which is one of its backers. Another existing investor, Venturi Partners, also participated in the round, in addition to Temasek-owned asset management group Seviora, which has invested through agriculture and food-focused investment vehicle, Seviora T3F Fund.

Company Information

Company

Country Delight

Location

Gurgaon, Haryana, India

About

Country Delight is on a mission to bring back the basics of milk, just like it was 50 years ago. Founded by a team of engineers and IIM graduates, we are committed to delivering natural, fresh, and unadulterated milk directly to the doorstep of our consumers. We understand that today’s milk often lacks the purity it once had, being reconstituted or stored for days before reaching homes. Through our tech-driven approach, we source high-quality milk directly from farmers, ensuring our customers enjoy the purest milk with a hassle-free experience—just as fresh as it used to be.

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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