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Nov, 13 2015

Delight Foods raise second round of funding

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

Delight Foods, an ecommerce platform for Indian food brands has raised Rs 4 crore in its second round of funding from an HNI family office represented by LN Sadani of Lensbridge Capital in Singapore.

The existing investors Mape Advisory Group 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," said LN Sadani of Lensbridge.

Recently, Delight Foods 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 centres and also strengthen the team at all levels.

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