logo
logo

India’S Id Fresh Food Raises $68M Funding Led By Newquest, Premji Invest

Jan 05, 2022over 3 years ago

Amount Raised

$68 Million

BengaluruFood And Beverage

Description

Ready-to-cook packaged foods company iD Fresh Food Tuesday announced that it has raised about $68 million (Rs 507 crore) in its Series D funding round led by NewQuest Capital Partner and existing investor Premji Invest.

Company Information

Company

iD Fresh Food

Location

Bengaluru, Karnataka, India

About

Started in 2005, iD Fresh has come a long way to become India’s largest fresh food brand. From making idly/dosa batter in a 50-sqft kitchen in Bengaluru to revolutionizing food packaging, the company is now an INR 1000 Cr brand with a presence in over 45 cities across India, USA and UAE. A Harvard Business Review Case Study, the company exemplifies the merits of bringing together the best of innovation and tradition in food.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People