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Country Delight in early talks to raise $100 mn

April 25, 2025

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Mint Hyderabad

Temasek-backed Country Delight is in early discussions to raise up to $100 million in a mix of primary and secondary transactions, three people familiar with the matter told Mint.

- Priyamvada C & Sneha Shah

"The company has appointed Avendus to help with the process and the fundraiser will close in the next three-six months," one of the people cited above said.

"Some of the earlier investors are expected to sell in this round and the company is in talks with new investors to come on board," a second person said, adding that valuation details are not known yet.

المزيد من القصص من Mint Hyderabad

Mint Hyderabad

Stellantis, JLR tie up for the US market

Stellantis and Britain’s Jaguar Land Rover (JLR) will consider jointly developing vehicles in the US, the French-Italian automaker said on Wednesday.

time to read

1 min

May 21, 2026

Mint Hyderabad

Grasim Industries' Q4 profit rises 28%

Aditya Birla Group flagship holding firm Grasim Industries Ltd on Wednesday reported a 27.9% increase in its consolidated net profit to ₹3,802.23 crore for the quarter ended 31 March, driven by its building materials, financial services and cellulosic fibres businesses.

time to read

1 min

May 21, 2026

Mint Hyderabad

RBI to inject $5 bn through dollar swap

The Reserve Bank of India (RBI) said on Wednesday it will conduct a dollar/rupee buy/sell swap auction of $5 billion for a tenor of three years on 26 May.

time to read

1 min

May 21, 2026

Mint Hyderabad

What explains the rush to sell us global and private credit funds?

Most appear to be chasing retail investor money that is flowing into these as part of the latest fad

time to read

4 mins

May 21, 2026

Mint Hyderabad

Dhurandhar, Saiyaara signal shift from paid to organic buzz

In an industry long powered by hype, three recent Hindi films are forcing a rethink.

time to read

2 mins

May 21, 2026

Mint Hyderabad

Mint Hyderabad

SpaceX IPO igniting Wall Street’s own race to orbit

As Elon Musk readies SpaceX for a highly anticipated initial public offering (IPO), Wall Street is racing to find the next big winner in space exploration.

time to read

3 mins

May 21, 2026

Mint Hyderabad

Mint Hyderabad

SIFs AT SEVEN MONTHS: BABY STEPS TODAY, WIDER MARKET STRATEGIES TOMORROW

Specialized investment funds (SIFs), positioned between mutual funds (for retail investors) and portfolio management services (PMS) or alternative investment funds (AIFs) for high net-worth individuals, offer multiple distinct structural and regulatory advantages.

time to read

3 mins

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Mint Hyderabad

How India can gain from a great power role inversion

Last week, US President Donald Trump's historic two-day meeting with Chinese Premier Xi Jinping, the first in Beijing at this level since 2017, ended without a commercial breakthrough despite the presence of a high-powered technology delegation of 17 American CEOs, including Elon Musk of SpaceX and Jensen Huang of Nvidia.

time to read

3 mins

May 21, 2026

Mint Hyderabad

Mint Hyderabad

IPO proceeds increasingly flow into digital infrastructure

Investors are shifting focus from physical expansion to scalability and capital efficiency

time to read

2 mins

May 21, 2026

Mint Hyderabad

Mint Hyderabad

MFI sector eases out of stress cycle but caution prevails

India’s microfinance institutions (MFIs) are returning to growth mode after almost two years of sector-wide stress, but management commentary indicates the recovery will be measured and cautious as these lenders grapple with geopolitical uncertainty, inflation risks and a structurally altered lending environment.

time to read

2 mins

May 21, 2026

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