JMP, SAM, Indus act on $22m 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 partnerSameer Sibal along with associatesRishabh Amber Gupta, Nirav Bakshi and Paralegal Gayathri Kamath.

Shardul Amarchand Mangaldas Delhi acted for Country Delight, led by partnerHarsh Kumar, senior associateShambhawi Mishra and associateKanika Mittal.

Induslaw Delhi acted for Elevation Capital (previously SAIF Partners), led by partnersManish Gupta, Anubha Sital and senior associateChitvan Bakshi.

2020-11-01

Deal value: $25 million or approximately INR 163 crores

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