February 2, 2025 | By StartupByDoc
Tech led seafood supply chain disruptor Captain Fresh has reeled in a massive ₹250 crore in its ongoing pre-IPO funding round, strengthening its position as the largest cross border B2B seafood marketplace from India. The round has seen participation from a mix of existing backers and new high profile investors, including leading domestic family offices.
A Rising Titan in the Seafood Industry
Founded in 2020 by Utham Gowda, Captain Fresh has transformed the traditional seafood supply chain using cutting edge technology, ensuring efficiency, transparency, and scalability. The company has witnessed an impressive 5X revenue growth in just two years, solidifying its global footprint in the seafood industry.
Who’s Betting Big on Captain Fresh?
The company is already backed by powerhouses like:
1. Accel
2. Tiger Global Management
3. Prosus Ventures
4. Z47 (formerly Matrix Partners India)
5. Evolvence Group
6. British International Investment
Now, fresh capital is flowing in from influential industry leaders, including:
Sriharsha Majety, Co-Founder, Swiggy (via his family office)
Sid Khanna, Chairman, India Equity Partners.
Sunjay Kapur, Chairman, Sona Comstar.
Shivalik Prints, a major textile supplier to global retailers.
What’s Next?
A operations, expand its global reach, and prepare for its much anticipated IPO. The seafood industry is evolving, and Captain Fresh is making sure it stays ahead of the tide.
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