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New Deal


Announced

Completed

Prosus Ventures and Tiger Global led a $50m Series C round in Captain Fresh.

Financials

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Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Venture Capital

Completed

Single Bidder

Cross Border

Industrial Distribution

online marketplace

India

Private Equity

Private

Acquisition

Synopsis

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Prosus Ventures and Tiger Global led a $50m Series C round in Captain Fresh, a tech-enabled B2B animal protein marketplace, with participation from Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund. "We have made significant strides in the last 12 months and believe we have the foundation in place to keep up with our hyper-growth trajectory. We are further deepening our role on the supply side by leveraging our understanding of supply communities in India and transforming it into a digital platform with a focus on content, community and commerce for fishermen, agents and farmers. This would be our market-entry beachhead as we look to foray into Africa, Middle East and other parts of Asia, led by our proprietary distribution and fulfilment engines," Utham Gowda, Captain Fresh CEO and Founder.

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