Home Progressive Grocer Delight Foods mop up Rs 4 crore from HNI family

Delight Foods mop up Rs 4 crore from HNI family

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Ecommerce platform for Indian food brands has raised Rs 4 crore in its second round of funding.

The round was led by an HNI family office represented by of Lensbridge Capital in Singapore. Existing investors and Fireside Ventures also participated in this round.

The money raised will be used to facilitate expansion plans after launching in Bengaluru.

“Delight Foods has the right mix of addressable market opportunity, entrepreneurial talent and shareholder support that we look for in any investment,” LN Sadani of Lensbridge was quoted as saying.

Delight Foods recently started servicing the NCR region and will now launch in Mumbai, Hyderabad and Chennai over the next couple of weeks.

The company will utilise the funding to invest in marketing and brand building activities, increase product categories, including international foods, improve infrastructure at the packing centers and also strengthen the team at all levels.