Country Delight Secures INR 200 Cr Debt Funding from Alteria Capital

• Dairy tech startup Country Delight has closed a INR 200 Cr debt funding round from venture debt firm Alteria Capital.
• The fresh capital will be used to scale up the startup’s expansion plans, enhance capacity, and fuel marketing initiatives.
• Country Delight, founded in 2015, delivers milk and other daily essentials directly from farmers to consumers.
• The startup operates on a subscription-based model and claims to provide deliveries to 15 Lakh subscribers across 15 cities.
• This development comes as more homegrown startups and unicorns are turning to debt to fuel their growth ambitions.

Source: Inc42