 "id fresh foods")
Fresh food startup iD Fresh Food on Tuesday said it has raised Rs 507 crore in Series D round of funding led by Asia's leading secondary private equity firm NewQuest Capital Partner along with existing investor Premji Invest.
Its early investor Helion Ventures exited with a 10X return after a seven-year investment, iD Fresh Food said in a statement.
This new investment would help the Bengaluru-based company expand operations across key markets in India and other geographies.
"The strategic fundraise reflects the brand's ambition to further strengthen its market leadership in the fresh foods business, foster product innovation, build capacities and
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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