Food company Wingreens Farms Raises Rs 125 crore in Series B funding

Gurgaon-based company says will use investment to bump up distribution network and new products.

Wingreens Farms Private Limited, a Gurugram-based food company, has raised Rs 125 crore in Series B funding led by Zurich private equity fund responsAbility Investments AG and existing investor Sequoia India.

Wingreens, which makes dips and spreads among other products, will use the investment to expand farming and food processing. The firm employs 300 women at production facilities and stores and said the investment will help achieving its societal goals.

“We believe their (responsAbility) twin approach of maximizing investment value along with the creation of high societal impact truly complements our business philosophy,” said Anju Srivastava, founder and managing director of Wingreens