FreshToHome gain $104million in SeriesDfunding

FreshToHome, the world’s largest fully integrated online consumer brand for preservative and antibiotic-residue free fresh fish and meat, has closed $104 million in SeriesD funding with Amazon Smbhav Venture Fund leading the round. Existing investors include Iron Pillar, Investcorp, Investment Corporation of Dubai, Ascent Capital and others. New investors include E20 Investment Ltd, Mount Judi Ventures and Dallah Albaraka. JP Morgan was the placement agent for the fundraise.

FreshToHome’s mission is to make 100% preservative and antibiotic-residue-free fish, seafood, and meat accessible and affordable to millions of meat lovers. It operates in 160+ cities in India and the UAE and offers 2,000 certified fresh and chemical-free products. FreshToHome’s core strengths are its brand, Commodities Exchange, and end-to-end cold supply chain, making it the most reliable brand for preservative and antibiotic-residue-free fresh fish and meat.

It also provides access to only safe and healthy products that adhere to national and international food regulatory standards and are certified by reputed agencies. FreshToHome raised $121MM in its Series C round, led by Dubai’s Investment Corporation of Dubai, Investcorp, IronPillar, Ascent Capital and DFC. Shan Kadavil, CEO &Co-founder, FreshToHome said, “As we strive to offer more value to our farmers and fishers, customers, employees and investors, our focus is on profitability and sustainable value creation.”

By Business Bureau

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