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FreshToHome raises $104m in Series D funding round
FoodBev Media

FoodBev Media

24 February 2023

FreshToHome raises $104m in Series D funding round

FreshToHome, an Indian meat and fish e-commerce platform, has closed a $104 million Series D funding round led by Amazon Smbhav Venture Fund. The raise was backed by new and existing investors, including Iron Pillar, Investcorp, Investment Corporation of Dubai, Ascent Capital, E20 Investment, Mount Judi Ventures and Dallah Albaraka. Founded in 2015, FreshToHome operates in over 160 cities across India and the UAE, and offers more than 2,000 certified fresh and chemical-free products. FreshToHome co-founder and CEO, Shan Kadavil, said: "FreshToHome has pioneered the revolution of making 100% preservative- and antibiotic residue-free fresh fish, seafood, meat and meat products accessible and affordable to all, and that is our biggest USP. We are now a 'proficorn,' with operational profitability across the company. 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." An Amazon Smbhav Venture Fund spokesperson added: "Our vision with the $250 million Amazon Smbhav Venture Fund is to empower the next generation of innovative, technology-enabled companies led by visionary founders. We are impressed with the FreshToHome management team led by Shan Kadavil, and they have done some quality work in creating a robust technology-enabled supply chain and scalable backward integrated capabilities to serve both customers as well as farmers and fishers."

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