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FreshToHome raises $121 mn from global investors in Series C round

Funding touted as largest in India's consumer tech segment; led by Investment Corporation of Dubai

A barrel of fish Photo: Reuters
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FreshToHome has seen a 2.5x growth since the lockdown

Samreen Ahmad Bengaluru
Online fish and meat platform FreshToHome has raised $121 million in Series C funding. The funding, being called the largest round in the consumer tech segment in India, was led by Investment Corporation of Dubai (ICD), the principal investment arm of the government of Dubai, along with Investcorp, Ascent Capital, US government’s development finance institution — DFC, the Allana Group and other investors. Iron Pillar, the lead investor from Series B participated in this round with an investment of $19 million.

Barclays was an advisor for the transaction. 

Prior  to this round, the company had raised $31 million. While the company declined

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