Startup Captain Fresh raises $25 million from investors
Nekkanti seafoods group and British International Investment (BII), the UK's development finance institution, participated in this extended round.
Captain Fresh, a fish and seafood tech startup, has raised USD 25 million (around Rs 208 crore) from investors to expand business.
In a statement, the company said it has raised USD 25 million as part of a continuing larger funding round. The company had raised USD 20 million in September last year, taking the Series C round to USD 45 million.
Nekkanti seafoods group and British International Investment (BII), the UK's development finance institution, participated in this extended round.
"Proceeds from this fund raise are aimed at fuelling its distribution presence in the US and Europe...," it said.
The company's product portfolio encompasses over 100 species of fish and seafood, sourced from over a dozen countries and catering to customers in over 30 countries.
Captain Fresh has offices in India, the US, Dubai, Paris, Oslo, Amsterdam and Madrid.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
PM Modi has invested in this post office scheme; know his total worth as per Lok Sabha elections 2024 affidavit
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
07:41 PM IST