Deals this week: Maverix Platforms Private Limited, Freedom Foods Group Limited, Keytone Enterprises

Maverix Platforms Private Limited (operating as Fingerlix) has raised Rs85m ($1.3m) in a venture financing round led by Alteria Capital Advisors.

Based in India, Fingerlix is a ready-to-cook food products provider, while Alteria Capital Advisors, also based in India, is a venture capital firm.

Fingerlix will use the proceeds to expand its production capacity and product portfolio.

Freedom Foods Group Limited has raised A$182m ($142.67m) through the private placement of new shares priced at A$4.8 ($3.76) a share.

The company concurrently plans to raise A$100m ($78.39m) through a non-renounceable entitlement offering of new shares priced at A$4.8 ($3.76) a share.

Each shareholder will get three fully paid ordinary shares for every 29 Freedom Foods shares, as part of the offering.

Freedom Foods Group is a food, beverage and dairy products producer based in Australia.

The company will use the proceeds to strengthen its business, for working capital requirements, and for potential acquisitions and alliances.

Keytone Enterprises plans to raise A$15m ($11.75m) and A$20m ($15.67m) through an equity offering of shares.

Based in New Zealand, Keytone is a powdered dairy and nutrition products producer and a subsidiary of Keytone Dairy Corporation Limited.

Keytone Enterprises is jointly owned by Shanghai-based venture capital firm Long Hill Capital (49%), managing director James Gong (17%), and chief operating officer Vivienne Cheung (34%).

Lotus Health Industry Holding Group Company (formerly Henan Lotus Flower Gourmet Powder) has withdrawn its plan of offering shares through a private placement.

Lotus Health Industry Holding Group Company is a China-based producer and distributor of flavouring products.

Foxtrot Ventures has raised $6m through a Series A funding round led by venture capital firm Fifth Wall.

The funding round included the participation of venture capital firms and investment funds, including Revolution’s Rise of the Rest Seed Fund, Lerer Hippeau, Collaborative VC, BoxGroup, Maveron, M3 Ventures, and The University of Chicago.

Foxtrot is a US-based start-up involved in the provision of a mobile application for food, beverage, and sundry delivery.

The company will use the proceeds to expand its retail business and its on-demand e-commerce delivery portfolio.

Premium Brands Holdings Corporation plans to raise C$150m ($115.84m) through a secondary offering of debentures due April 2025, priced at C$1000 ($770).

The company has granted an over-allotment option to the underwriters for the purchase of debentures worth C$22.5m ($17.37m) in additional aggregate principal amount, within 30 days of the closing of the offering.

Based in Canada, Premium Brands Holdings Corporation is a manufacturer and distributor of food products.

The funds raised from the offering will be used by the company to acquire Concord Premium Meats and to repay its debts.

The underwriters for the offering are BMO Capital Markets, CIBC Capital Markets, and Scotiabank.