Bengaluru based ID Fresh raises $25 million funding from Premji Invest
Bengaluru based ID Fresh raises $25 million funding from Premji Invest

Premji Invest by Wipro billionaire Azim Premji has invested $25 million in ready to eat brand ID Fresh Foods.

With this investment, Premji Invest has acquired 25 per cent stake in the Bengaluru based brand which is known for its idly and dosa batter, chapatis and Malabar parotas.

Earlier in 2015, Helion Ventures has also invested Rs 35 rore in the company picking up the same stake.

With the new round of funding, ID Fresh is looking to grow its national footprint and expand its product portfolio.

Started in 2006 with a small store selling idly and dosa batter, it has put home-made meals on dining tables across Bengaluru, Mumbai, Chennai, Hyderabad, Pune, Mysore and Dubai. 

 
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