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Country Delight eyes $200–300m IPO as it appoints banks for India listing
Country Delight is preparing for an India IPO that could raise $200-300 million, with banker selection imminent and a possible pre-IPO round. The dairy and fresh-produce subscription platform operates across major metros and has expanded into quick commerce in Gurugram.
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Reported figures
From the report. Source details below
| Potential listing timeline: | 12-18 months |
|---|---|
| Banker pitches: | within 7-10 days |
| Debt raised from Alteria Capital: | ₹65 crore |
| Equity raised from Temasek in March 2025: | ₹200 crore (about $25 million) |
| Reported valuation: | $820 million |
| Temasek stake: | about 13% |
| FY24 revenue: | ₹1,380 crore |
| FY24 revenue growth: | 46% |
| Akshayakalpa Series D: | ₹175 crore |
The source
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