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Seafood Marketplace Captain Fresh Gets $40 Mn Co-Led By Tiger Global, Prosus Ventures

Dec 21, 2021over 3 years ago

Amount Raised

$40 Million

Mumbai

Description

Bengaluru: Captain Fresh, a business-to-business (B2B) online marketplace for seafood, has raised $40 million in a new round of funding co-led by Tiger Global and Prosus Ventures (formerly Naspers Ventures).

Company Information

Company

Captain Fresh

Location

Mumbai, Maharashtra, India

About

The company will use the money to beef up its supply-side tech, expand distribution globally and grow its team, said its founder Utham Gowda. Captain Fresh said it works with more than 600 businesses across various retail formats in more than 10 Indian cities. Captain Fresh is targeting this fragmented supply base, aggregating the supply through technology, using scale, and technology to standardise the quality, and serving retailers by giving better quality products, higher fill rate, and predictable delivery.”

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech