Matrix-backed Country Delight raises $108M in Series D funding - Z47 (fka Matrix Partners India)
Summary
The brands focus on offering farm-to-doorstep daily pantry essentials that are fresh and of the highest quality has resulted in immensely positive customer feedback and strong loyalty. Since our previous investment, Country Delight has evolved into a basket of offerings across the food essentials segment and has demonstrated best-in-class customer retention metrics amongst new age D2C brands. We are very excited as they continue to expand their product offering and service a larger customer base across new cities and build Indias most loved fresh food platform.\x9d"Temasek and Venturi joining us is an endorsement of the business built and the opportunity ahead. The firm provides growth funding to customer centric, purpose-driven brands in India and Southeast Asia, with a focus on education, healthcare and fast-moving consumer goods, that have a shared desire to create a positive impact on the world. The platform is built around shared values and long term partnerships and aims to bring operational value-add to entrepreneurs building tomorrows leading brands in Asia.