Dairy brand Country Delight has raised $20 million or Rs 164.4 crore in a Series E round from new and existing investors. Separately, health-tech platform Curebay has raised Rs 61.8 crore or $7.5 million in a new round led by existing investor Elevar Equity, Entrackr reported.
Country Delight snags $20m
Dairy brand Country Delight has raised $20 million or Rs 164.4 crore in a Series E round from new and existing investors, Entrackr reported.
According to the Fintrackr’s estimates, the company has been valued at around $819 million post-allotment.
The company is likely to raise more money in the new round and its valuation will vary accordingly, the report said.
As of now, the company has raised $300 million so far. It raised $108 million in its Series D round led by Nicholas Cator-backed Venturi Partners and Temasek.
Curebay raises $7.5m
Health-tech platform Curebay has raised Rs 61.8 crore or $7.5 million in a new round led by existing investor Elevar Equity, Entrackr reported.
Elevar Equity spearheaded the round with Rs 60 crore while other individuals including Curebay CEO, CTO, and other members of the leadership team poured Rs 1.6 crore cumulatively during the round.
The company has been valued at around Rs 450 crore or $55 million post-allotment, the report said.
The three-year-old company’s revenue from operations stood at Rs 63 lakh during FY23 while the losses widened to Rs 15.95 crore in the last fiscal year.