Country Delight in early talks to raise $100 mn

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.