All posts filed under: Expansion

FreshToHome Raises Series D Funding, Led By Amazon Smbhav

Published by Shwetha Satyanarayan

Direct-to-consumer meat delivery brand FreshToHome has closed $104 million (Rs 861.3 crore) in a Series D round led by Amazon Smbhav Venture Fund, a top executive told VCCircle. “The fresh capital would be used to deepen FreshToHome‘s presence in the 160 cities cities it currently operates in,” founder and chief executive Shan Kadavil said in a telephonic interaction. In a bid to focus on omnichannel going ahead, the meat deliverer is also looking to expand into Saudi Arabia, Kadavil added. Shan Kadavil, CEO and Co-Founder, FreshtoHome <Read More>

FreshToHome to Invest Rs 1K crore in Telangana

Published by Shwetha Satyanarayan

Shan Kadavil, Co-Founder, FreshtoHome Hyderabad: FreshToHome (FTH), the world’s largest fully integrated e-commerce platform for fresh fish, meat, and seafood, has announced fresh investments in a phased outlay of up to Rs 1,000 crore in Telangana. In the next five years, FreshToHome will deploy funds to strengthen its presence across the state that has the largest percentage of meat consumers with more than 98% of its population consuming non-veg. Studies reveal that the average per capita consumption of non-veg is 1.4 kilos per month in Telangana. An investment-friendly hub, Telangana is one of the high traction customer bases in South India. In the last two quarters alone, FreshToHome has witnessed 6x growth in Hyderabad and has been successfully acquiring new customers month-on-month both at online and offline touchpoints. Shan Kadavil, Co-Founder, FreshToHome, said, “Telangana is one of the fastest-growing states in India, and is a huge potential market for FreshToHome. We will, directly and indirectly, invest in capabilities that will help us serve our customers in distribution, cold chain, and sourcing capabilities. Our recent growth in Telangana …

FreshToHome announces investments upto ₹1,000 crore in Telangana

Published by Shwetha Satyanarayan

Shan Kadavil, Co-Founder, FreshtoHome Leading e-commerce platform for fresh fish, meat, and seafood — FreshToHome (FTH) — on 23 June announced fresh investments in a phased outlay of up to ₹1,000 crore in Telangana. The platform aims to deploy funds to strengthen its presence across the state that has the largest percentage of meat consumers with more than 98 per cent of its population consuming non-veg. As per study in Telangana, the average per capita consumption of non-veg is 1.4 kilos per month. In the last two quarters alone, FreshToHome has witnessed 6x growth in Hyderabad and has been successfully acquiring new customers month-on-month both at online and offline touchpoints. <Read More>

FreshToHome expects to clock revenues of ₹1,500-2,000 crore in FY23

Published by Shwetha Satyanarayan

Shan Kadavil, Co-Founder, FreshtoHome Clocking in promising revenue growth last year, FreshToHome, a direct-to-customer meat and seafood start-up, expects to continue growing its revenue base in FY23. The company told BusinessLine that it expects to reach a turnover of ₹1,500-2,000 crore in FY23. “We are the largest company in this segment, both in terms of revenue as well as orders. Last year, our revenue figures stood at ₹1,200 crore, which we expect to reach ₹1,500-2,000 crore in FY23,” said Shan Kadavil, CEO and founder, FreshToHome. The company receives a total of 2.5 million orders every month, across all categories. Kadavil said that there are plans to expand both nationally and internationally. On a national front, the company is building itself as a retail major. <Read More>

‘Surprising to see how quickly smaller cities have adapted to ordering meat online’: FreshToHome cofounder

Published by Shwetha Satyanarayan

Shan Kadavil, Co-Founder, FreshtoHome How far would you go to get your fish curry and rice right? Some like Shan Kadavil start their own company. Co-founder of FreshToHome, Kadavil started the meat and seafood e-commerce platform when his fish supplier shut shop. Since then, he’s promised to make fresh non-vegetarian ingredients available in every corner of the country. And now, he’s hungry to grow. In an exclusive chat with Storyboard18, Kadavil shares the company’s plans for expansion and reducing delivery time, focusing on ready-to-eat options, and roping in Ranveer Singh for a campaign. <Read More>

FreshToHome to expand in Maharashtra

Published by Shwetha Satyanarayan

FreshToHome, fully integrated online brand in fresh fish and meat e-commerce, plans to make available its product offerings in over 10 cities and enabling the setup of 25 new Powered-By- FreshToHome stores in Maharashtra. Freshtohome is available in Kolhapur, Nashik, Aurangabad, Pune, Navi Mumbai, Mumbai, Ahmednagar, Sangli, Satara & Karad. Shan Kadavil, founder, FreshToHome said, “FreshToHome had entered Maharashtra /AP market in 2019. Given the market’s great potential and the rise in demand for quality meat and seafood, we aim to delight our customers with products at affordable rates and at their convenience.”

FreshToHome to expand to 56 cities in 24 months

Published by Shwetha Satyanarayan

Shan Kadavil, Founder, FreshtoHome Fresh To Home, the e-commerce firm which focuses on delivering fresh fish, and meat, plans to expand to 56 cities across India in the next 24 months. The Bangalore based firm which recently raised $ 121 million (about Rs 890.8 crore) in a funding round led by Investment Corporation of Dubai, Investcorp, Ascent Capital, DFC, Allana Group and other investors recently, said that it aims to become a billion dollar company in terms of revenue in the next five years. Read More   

FreshToHome to tap into new markets; announces retail stores

Published by Shwetha Satyanarayan

Shan Kadavil, Founder, FreshtoHome The online fish and meat e-tailer FreshToHome has announced 20 powered-by-FreshToHome has announced 20 powered-by-FreshToHome retail stores in Bengaluru. FreshtoHome retail stores in Bengaluru. FreshtoHome has inaugurated stores at Kempapura, Boopasandra, Koramangala, Brookefields, and TC Palya, among other locations to strengthen its customer base and quick accessibility. The brand will launch around 100 new stores and associate with delivery partners in these cities to promote micro-entrepreneurship and small businesses. Read More

FreshToHome Unveils Expansion Plan for 2022 in Karnataka

Published by Shwetha Satyanarayan

Shan Kadavil, Founder, FreshtoHome Bengaluru: After successfully making its presence felt across the country, FreshToHome shows no signs of slowing down and continues to expand its wings. The world’s largest fully integrated online brand in fresh fish and meat e-commerce is all set to reinforce its market presence by making available its product offerings in over 20 new cities and enabling the setup of 50 new Powered-By- FreshToHome stores in Karnataka. As demand for quality and preservative-free meat and seafood at an affordable price is growing, these new touch points will serve the audience looking for convenience. The company has constantly strived towards its brand promise to offer only “100% Fresh, 0% Chemicals” products to its customers right at their doorsteps. The brand makes available products sourced directly from 3000+ fishermen and farmers across 300 coasts and farms in India. Read More

FreshToHome unveils expansion plan for 2022 in Karnataka

Published by Shwetha Satyanarayan

  Shan Kadavil, Founder, FreshtoHome After successfully making its presence felt across the country, FreshToHome shows no signs of slowing down and continues to expand its wings. The world’s largest fully integrated online brand in fresh fish and meat e-commerce is all set to reinforce its market presence by making available its product offerings in over 20 new cities and enabling the setup of 50 new Powered-By- FreshToHome stores in Karnataka. Speaking on the occasion, Shan Kadavil, Founder, FreshToHome said, “FreshToHome had entered Karnataka in the year 2015. Having strengthened our presence in the state/city, we are now thrilled to expand to more towns and enable Powered-By-FreshToHome stores. Keeping our customers’ safety at heart, we have strived to offer superior quality, 100% fresh, and chemical-free products. Given the market’s great potential and the rise in demand for quality meat and seafood, we aim to delight our customers with products at affordable rates and at their convenience. We are glad to serve our customers with toxin-free options of meat and seafood of their choice. In the …