NewQuest Capital Partners and PremjiInvest completed a $68m investment in iD Fresh Food.

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.