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.
2020-11-01
Deal value: $25 million or approximately INR 163 crores
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Update 7 December 2020:
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