NAFED to contribute and promote ‘International Year of the Millet’ 2023 on global scale
Now a ‘Proficorn’ with operational profitability across the company
Bengaluru-based startup FreshToHome, a fully integrated online consumer brand for preservative and antibiotic-residue free fresh fish and meat, has closed $104 million in Series D funding with Amazon Smbhav Venture Fund leading the round. Existing investors in FreshToHome including Iron Pillar, Investcorp, Investment Corporation of Dubai (the principal investment arm of the Government of Dubai), Ascent Capital and others have also participated in this round. New investors joining this round include E20 Investment Ltd, Mount Judi Ventures and Dallah Albaraka. JP Morgan was the placement agent to FreshToHome for the fundraise.
The current funding will strengthen FreshToHome’s mission to make 100% preservative and antibiotic-residue free fish, seafood, and meat accessible and affordable to millions. Launched in 2015, FreshToHome operates in 160+ cities in India and the UAE and offers more than 2,000 certified fresh and chemical-free products.
Two years ago, FreshToHome raised $121 million in its Series C round, led by Dubai’s Investment Corporation of Dubai, Investcorp, IronPillar, Ascent Capital and US Government’s development finance institution – DFC.