All posts tagged: CEO

FreshToHome closes $104 mn Series D funding with Amazon Smbhav VC, others

Published by Shwetha Satyanarayan

Shan Kadavil, CEO and Co-Founder, FreshtoHome FreshToHome, a platform that sells fresh fish and meat, has closed $104 million in Series D funding with Amazon Smbhav Venture Fund leading the round. New investors joining this round included E20 Investment Ltd., Mount Judi Ventures and Dallah Albaraka while existing investors in FreshToHome including Iron Pillar, Investcorp, Investment Corporation of Dubai (the principal investment arm of the Government of Dubai), Ascent Capital and others were also part of this round, said the company in a statement. FreshToHome has pioneered the revolution of making 100% preservative and antibiotic-residue-free fresh fish, seafood, meat and meat products accessible and affordable to all and that was the platform’s biggest USP,’‘ claimed Shan Kadavil, CEO & Co-founder, FreshToHome. “We are now a ‘Proficorn’ with operational profitability across the company. As we strive to offer more value to our farmers and fishers, customers, employees and investors, our focus is on profitability and sustainable value creation,’‘ he added.

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’s Shan Kadavil on creating mini CEOs in the firm

Published by Shwetha Satyanarayan

Much before pandemic forced everyone to work remotely, FreshToHome, the meat, seafood and fresh produce e-tailer had embraced the flexi-work model. “I can no longer boast about it since most organisations have embraced it now,” says Shan Kadavil, the company’s founder. The model has worked well for him considering he lives “out of a suitcase right now” – Kadavil has been flitting between the company’s headquarters in Bengaluru and its office in Dubai. In an interview, Kadavil speaks to Lounge about measuring passion, encouraging team leads to become entrepreneurial,  and his experiments with plant based meat. Edited excerpts: Who do you consider your mentor and why?  I am strongly influenced by the vision of Mark Pincus, a popular entrepreneur in Silicon valley, and founder of a number of large companies such as Zynga. He was also my former boss and is a mentor and investor of FreshToHome. Mark is a visionary and his belief in the capabilities of human beings is exceptional. He sincerely believed anyone who dared to dream big will be successful if he/ she …