Online platform for fresh meat and seafood, FreshToHome, has raised $20 million from Iron Pillar and Joe Hirao in its Series B round of funding. The fresh investment for the Bengaluru-based startup comes within three months of $11 million round led by HongKong based CE Ventures.
The capital will be deployed towards expansion within India and overseas. With operations in nine cities in India, FreshToHome had recently ventured into Mumbai, Pune and UAE.
The four-year-old startup founded by Shan Kadavil and Mathew Joseph has a wide array of products ranging from antibiotic-residue free chicken, tender mutton, chemical-free fish and ready-to-cook products.
As of now, it claims to clock 14,000 orders a day and processes 20 tons of fresh food.
FreshToHome sources meat and seafood directly from 1,500 fishermen and farmers, and has amassed 6,50,000 customers. On the revenue front, it claims Rs 200 crore in annualised sales.