<p>Online fish and meat seller, FreshToHome may get $130 million in a fresh round of funding from investors including Investcorp, Saudi venture capital firm Raed Ventures, Middle East Oils and Grains and US International Development Finance Corporation, a <a href="https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/freshtohome-in-talks-for-fresh-130m-round/articleshow/78627933.cms">report</a> in <em>The Economic Times </em>citing sources familiar with the matter said. </p>.<p>This would value the meat selling company at around $380-$400 million post-money, the report stated.<br /><br />The Bengaluru-based online fresh food retailer had secured over $30 million in two rounds of funding last year led by Iron Pillar and CE-Ventures.<br /><br />Current investors Iron Pillar and Ascent Capital, and a new backer, the chief financial officer of Facebook, also participated in the funding round, the report said. <br /><br />FreshToHome's expansion could signal a rise in demand for meat products and meat-processing delivery businesses making a comeback after the coronavirus dented companies and food sectors over safety concerns.<br /><br />FreshToHome currently operates in Chennai, Bengaluru, Delhi, NCR, Mumbai, Pune, Kochi and the United Arab Emirates and primarily competes with other meat delivery companies such as Licious, Bigbasket etc.</p>
<p>Online fish and meat seller, FreshToHome may get $130 million in a fresh round of funding from investors including Investcorp, Saudi venture capital firm Raed Ventures, Middle East Oils and Grains and US International Development Finance Corporation, a <a href="https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/freshtohome-in-talks-for-fresh-130m-round/articleshow/78627933.cms">report</a> in <em>The Economic Times </em>citing sources familiar with the matter said. </p>.<p>This would value the meat selling company at around $380-$400 million post-money, the report stated.<br /><br />The Bengaluru-based online fresh food retailer had secured over $30 million in two rounds of funding last year led by Iron Pillar and CE-Ventures.<br /><br />Current investors Iron Pillar and Ascent Capital, and a new backer, the chief financial officer of Facebook, also participated in the funding round, the report said. <br /><br />FreshToHome's expansion could signal a rise in demand for meat products and meat-processing delivery businesses making a comeback after the coronavirus dented companies and food sectors over safety concerns.<br /><br />FreshToHome currently operates in Chennai, Bengaluru, Delhi, NCR, Mumbai, Pune, Kochi and the United Arab Emirates and primarily competes with other meat delivery companies such as Licious, Bigbasket etc.</p>
