Announced
Completed
Financials
Sources
Tags
Minority
Completed
India
Domestic
Venture Capital
fresh food
Private
Friendly
Acquisition
Private Equity
Food Products
Synopsis
NewQuest Capital Partners, a private equity firm, and PremjiInvest, a multi-family office specializing in private equity and venture capital investments, completed a $68m investment in iD Fresh Food, a food products company. “While there is a large opportunity set in the fresh food space, iD has a clear edge as a market leader with its deep understanding of consumer preferences and ability to innovate real-time and define industry benchmarks,” Amit Gupta, NewQuest Capital Partners Partner and Head of India and Southeast Asia.
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