In a Series E round, new and current investors invested $20 million, or Rs 164.4 crore in dairy brand Country Delight. With Rs 78.16 crore, Temasek led the investment, while in its Series E round, new investor Seviora Capital invested Rs 57.77 crore. During this investment, Venturi Partners, an existing investor, additionally supported with Rs 28.55.
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According to Country Delight’s regulatory filings obtained from the Registrar of Companies (RoC), the board approved a special resolution to issue 78,157 Series E CCPS at an issue price of Rs 21,045 apiece, in order to fund the aforementioned amount, as reported by Entrackr.com.
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About Country Delight
Founded by Chakradhar Gade and Nitin Kaushal in 2015, Country Delight is a bunch of Engineers and IIM Graduates who aim to bring back the basics of Milk. Country Delight promise is to deliver Natural, Fresh and Unadulterated Milk directly to the doorstep of consumers. Country Delight leverage technology to source a superior product from the farmer and to give a hassle free experience to the consumer.
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