India: Freshtohome raises $121m from Investment Corporation of Dubai, others

Photo: Pixabay

Freshtohome, an online seller of fresh fish and meat, has raised $121 million in Series C funding led by Investment Corporation of Dubai (ICD) – the principal investment arm of the Government of Dubai, private equity firms Investcorp and 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 a significant investment of $19 million, Freshtohome said in a statement. Barclays was an advisor for the transaction.

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