Gurugram-based dairy and daily essential brand Country Delight raised Rs 65 crore through the issuance of non-convertible debentures (NCDs) from Alteria Capital

The company's board has approved the issuance of 6,500 non-convertible debentures (NCDs) having a face value of Rs 1 lakh each to raise the aforesaid amount, according to its filing with the Registrar of Companies (RoC).

According to the filings, the proceeds from the debt raise will be used for general corporate activities of the company.

In March 2025, the company had raised Rs 212.5 crore (approximately $25 million) in its Series E round from Temasek.

Launched by Chakradhar Gade and Nitin Kaushal, Country Delight provides a range of dairy products, bakery goods, poultry, and farm produce to its customers. The company sources its products directly from dairy farms and caters to 1.5 million customers. It currently operates in more than 25 cities, including Delhi NCR, Bengaluru, and Chandigarh.

Country Delight had reportedly raised $220 million to date, including both debt and equity. Temasek remains the company's largest external stakeholder, holding a 13.63% stake post-allotment.

The Gurugram-based company also recently entered into the quick commerce fray and launched a pilot for its 10-15 minute delivery service in Gurugram. With these offerings, the firm will also compete with players like Zepto, Blinkit, Swiggy Instamart, Flipkart Minutes, and Amazon Now (previously Amazon Tez).