B2B animal protein marketplace Captain Fresh has raked in $50 million in its Series C investment round co-led by existing investors Prosus Ventures and Tiger Global. Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund also participated in the new round.
The Bengaluru-based company has raised four rounds within 12 months including $3 million Seed round in March last year followed by $12 million Series A in July and $40 million Series B in December.
The company focuses on aggregating the fragmented retail demand and link it to the small fishermen and farmers throughout the Indian coast. It leverages its bid engine, proprietary quality inspection and satellite technology ensuring match-making of demand and supply.
As per the company, it has a distribution network in more than 20 cities and over 2,500 retail businesses and it eyes Africa, the Middle East and other parts of Asia.