FreshToHome may join unicorn club in $100M funding round
In a new funding round, FreshToHome hopes to double its worth to over $1 billion. The D2C meat and seafood startup's Series D fundraising round is expected to include participation from the Abu Dhabi Investment Office and Investcorp. FreshToHome, a D2C meat and seafood firm, is pursuing a Series D fundraising round with a post-money valuation of over $1 billion, according to persons familiar with the situation. According to the sources, the fresh fundraising round might include Abu Dhabi Investment Office (ADIO) and current investors like as private equity firm Investcorp, valuing the Bengaluru-based business at around $1 billion. FreshToHome will participate in the current round with investors from Dubai, Bahrain, and Saudi Arabia, where the company has aggressively extended its operations in recent years. According to the sources, the business is trying to raise $100 million to $150 million in a Series D financing. Shan Kadavil, cofounder and CEO of FreshToHome...