Captain Fresh, a Bengaluru-based online meat delivery startup, has raised Rs 100 crore in a new funding round led by Motilal Oswal Wealth. This investment follows a $48 million round in February, which valued the company at approximately $500 million. Founded by Utham Gowda, Captain Fresh has quickly expanded its presence in the market.
The company offers a tech-driven supply chain that connects fish farmers with retailers, ensuring fresh and quality produce for consumers. Gowda said, “We are focused on using this funding to improve our infrastructure and technology to better serve our customers. The support from our investors shows their belief in our vision and growth potential.”
The funds will be used to scale operations, improve technology, and expand into new markets across India.
Motilal Oswal supports Captain Fresh
Captain Fresh aims to make the fish and seafood supply chain more efficient and ensure traceability from source to consumer. The growing demand for fresh and quality meat products has created a significant market opportunity.
This funding round positions Captain Fresh to further strengthen its market leadership and continue delivering the freshest produce to Indian households. For the lead investor, this investment fits with their strategy to support high-growth startups in India’s growing agritech and foodtech sectors. Captain Fresh’s latest funding marks an important milestone in its growth journey.
It also shows the confidence investors have in its business model and future prospects. The startup continues to make progress in transforming the meat and seafood supply chain in India.
