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New Deal


Announced

Completed

FreshToHome completed the $121m Series C funding round.

Financials

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Transaction Value£92m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

Acquisition

food products

Private

Minority

India

Private Equity

Friendly

Cross Border

Completed

Synopsis

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Investment Corporation of Dubai, Investcorp, Ascent Capital, DFC, Allana Group and private investor Iron Pillar invested in $121m Series C funding round in FreshToHome, a fully integrated online brand in fresh fish and meat e-commerce. "We are pleased to partner with FreshToHome and to support the vision of management and the growth of the company. FreshToHome is a leader in leveraging AI-based technology and business innovation to bring a superior value proposition to customers and suppliers in a large and important market. At ICD, we seek to partner with companies like FreshToHome that are able to break new ground for the greater good while also enjoying a large shareholder value creation opportunity. This successful fundraising is a strong recognition of the company's achievements and significant potential," Khalifa Al Daboos, Deputy CEO Investment Corporation of Dubai.

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