JSA advised Temasek in its investment in Country Delight, one of India’s most promising food essentials brands, as part its Series D fundraise.
The round was led by Temasek along with Venturi Partners with participation from SWC Global and Trifecta Capital. Existing investors, IIFL Asset Management, Elevation Capital, Orios Venture Partners and Matrix Partners also participated in this round.
Founded in 2013, Country Delight has grown to become India’s leading D2C fresh food essentials brand offering dairy, fruits and vegetables to the doorstep of consumers. The company’s business model ensures fresh farm-to-home deliveries within 24-36 hours from sourcing, facilitated by a fully integrated just-in-time supply chain model.
Country Delight is solving a very real problem at scale. Quality consciousness in India is on the rise as are customer expectations of transparency and clean products. The brand’s focus on offering farm-to-doorstep daily pantry essentials that are fresh and of highest quality has resulted in immensely positive customer feedback and strong loyalty.
JSA team comprised Lead Partner – Vikram Raghani, Partner – Birbahadur Sachar, Principal Associate – Yashvi Singh, and Associate – Sukriti Sinha.
JSA Competition team comprised Partner & Head of Practice
(Competition Law) – Vaibhav Choukse, and Principal Associate – Ela Bali.
Members of the FinTech team comprised Partner – Probir Roy Chowdhury and Associate – Nikhil George.
Bir is a member of JSA’s Corporate and Finance practice. He specialises in mergers & acquisitions (both listed and unlisted) and private equity (both listed and unlisted).