Country Delight, a leading dairy tech soonicorn, has raised approximately $25 million (INR 212.50 crore) in its latest funding round, as reported by trusted sources. This investment, which appears to be a Series E funding round, comes from V-Sciences Investments Pte Ltd, a subsidiary of Temasek.
Country Delight Secures $25M in Series E Funding from Temasek’s Subsidiary
Strategic Investment:
This strategic investment by Temasek’s subsidiary is a testament to Country Delight’s growing presence in the dairy market. The company has been expanding its product portfolio, sourcing high-quality milk and other dairy products directly from farmers, and delivering them to customers through its robust distribution network.
Previous Funding Rounds:
Country Delight has raised significant funding in the past, including a $20 million Series E round in January 2024, led by Temasek, Seviora Capital, and Venturi Partners ³. The company has also raised $108 million in its Series D round in May 2022.
Growth and Expansion:
With this fresh infusion of capital, Country Delight is poised to further accelerate its growth and expansion plans. The company aims to diversify its product offerings, explore sustainable packaging options, and strengthen its presence in the market.
Market Opportunity:
The Indian dairy market is expected to continue its growth trajectory, driven by increasing demand for high-quality dairy products. Country Delight, with its focus on sourcing directly from farmers and delivering fresh products to customers, is well-positioned to capitalize on this trend.
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