About Country Delight
Country Delight is a company focused on the delivery of fresh dairy and bakery products, operating in the food and beverage industry. The company's main services include the sourcing and delivery of natural, unadulterated milk and other farm-fresh products directly to consumers' doorsteps. The company primarily serves the consumer goods sector. It was founded in 2013 and is based in Gurgaon, India.
Expert Collections containing Country Delight
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Country Delight is included in 2 Expert Collections, including Food & Meal Delivery.
Food & Meal Delivery
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Agriculture Technology (Agtech)
Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms
Latest Country Delight News
Sep 2, 2023
The startup makes almost 10 Mn monthly deliveries to more than 5 Lakh subscribers spread across 15 cities in India Even though Country Delight’s revenue from operations rose 1.6X YoY to INR 542.6 Cr in FY22, its net loss jumped 6.5X YoY to INR 186.4 Cr during the period under review due to a sharp rise in expenses According to Gade, the core mission of the startup is to provide superior-quality products to customers, cultivate customer loyalty, and add value to people's lives At a time when an increasing number of Indian startups are trying to be in the black, the cofounder of Country Delight, Chakradhar Gade, has said that the dairytech startup is also not far from reaching the profitability milestone. “We are currently an almost $200 Mn revenue company, and the business is growing at 5-7% month-on-month. We are on the clear path to profitability in the next 8-10 months,” Gade said while speaking at the fourth edition of Inc42’s D2C summit . Country Delight currently serves 15 cities in India. As shared by Gade, the startup makes almost 10 Mn monthly deliveries to more than 5 Lakh subscribers across the cities it operates in. During the session, Gade talked about his fascination with the traditional Indian milkman system. The initial hypothesis of Gade and his partner, Nitin Kaushal, centred around the concept of a full-stack business model, where they aimed to own the entire supply chain, from the farm to the customer. One of the intriguing aspects of their approach was viewing cattle as a non-depreciating asset, as they only multiply over time. This perspective meant they could potentially grow the business without external capital infusion. According to Gade, the core mission of the startup is to provide superior quality products to customers, cultivate customer loyalty, and add value to people’s lives. Country Delight began its journey as a bootstrapped venture and dedicated the first 5 to 6 years to laying the foundation. The cofounders focussed on critical elements such as building technology to digitally monitor quality at the source, establishing a reliable supply chain with real-time visibility, and creating a proprietary distribution network capable of scalable operations. Founded in 2013 by Chakradhar Gade and Nitin Kaushal, Country Delight follows a subscription-based model where it sources milk from farmers and delivers it to customers. It also supplies bread, ghee, other dairy products, and fruits and vegetables. Since its inception, the startup has raised more than $158 Mn and is currently valued at over $600 Mn. It counts Orios Venture Partners, Elevation Capital, and Temasek among its investors. Country Delight’s net loss increased 6.5X to INR 186.4 Cr in the financial year 2021-22 (FY22) from INR 28.2 Cr in the previous fiscal year due to a sharp increase in its expenses. The Delhi NCR-based startup’s revenue from operations rose 1.6X to INR 542.6 Cr in FY22 from INR 320.7 Cr in FY21.
Country Delight Frequently Asked Questions (FAQ)
When was Country Delight founded?
Country Delight was founded in 2013.
Where is Country Delight's headquarters?
Country Delight's headquarters is located at Unit No: 546, 5th Floor, JMD, Gurgaon.
What is Country Delight's latest funding round?
Country Delight's latest funding round is Series D.
How much did Country Delight raise?
Country Delight raised a total of $143M.
Who are the investors of Country Delight?
Investors of Country Delight include Orios Venture Partners, IIFL Asset Management, Matrix Partners, Trifecta Capital Advisors, Venturi Partners and 9 more.
Who are Country Delight's competitors?
Competitors of Country Delight include Keventers and 6 more.
Compare Country Delight to Competitors
BBDaily is an online daily milk and grocery delivery app introduced by BigBasket. The app offers products such as fresh milk, vegetables, fruits, beverages, breakfast and snacks, and more. It is based in Bangalore, India.
Chitale Dairy operates in the dairy industry. The company offers products such as milk, dahi, paneer, lassi, ghee, cheese, and more. It was founded in 1939 and is based in Bhilawadi, India.
Keventer Agro is the the holding company for the food business of Keventer Group of Jalans, and works in the food processing sector in India.
Keventers is a dairy brand that offers milkshakes and desserts. It is a Fast-Moving Consumer Goods (FMCG) company in eastern India with interests in packaged, dairy, and fresh food products. The firm provides various categories of milkshakes and ice creams. It was founded in 1925 and is based in New Delhi, India.
Morning Drop is a mobile and web platform. It provides a healthy food solution. It offers a wide assortment of organic milk, tender coconut, fresh fruits and vegetables, preserve free bakery, egg, and more. It was founded in 2015 and is based in Bangalore, India.
The Farmery is an integrated retailing and growing system for locally grown food that raises the value of the produce through a stimulating retail experience and reduces the costs of the produce by consolidating the entire food distribution system. The team aims to make a neighborhood urban farm as common as the corner store. The Farmery is able to offer an entire diet of mushrooms, fish, greens and herbs for prices that meet or beat organic supermarket prices. The Farmery is constructed of stacked shipping containers and greenhouses oriented form a vertical farm and u-pick market in an urban neighborhood. The Farmery uses a growing system to grow edible plants vertically on the sides of the shipping containers.