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JMP, SAM, Indus act on $25m Series C into Country Delight

Direct-to-consumer dairy brand Country Delight has raised $25 million in a Series C round led by Elevation Capital (previously SAIF Partners). Existing backers Matrix Partners, Orios Venture Partners and IIFL PE Fund also participated in the funding round.

The Economic Times

Jerome Merchant + Partners advised IIFL India Private Equity Fund led by a team of partner Sameer Sibal along with associates Rishabh Amber Gupta, Nirav Bakshi and Paralegal Gayathri Kamath.

Shardul Amarchand Mangaldas & Co. advised Beejapuri Dairy Private Limited, operating as Country Delight,led by a team including partner Harsh Kumar and comprised of senior associate Shambhawi Mishra; associate Sanya Bahl and associate Kanika Mittal.

Induslaw Delhi acted for Elevation Capital (previously SAIF Partners), led by partners Manish Gupta, Anubha Sital and senior associate Chitvan Bakshi.


Deal value: $25 million or approximately INR 163 crores

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

Update 7 December 2020:

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