 "Shan Kadavil, chief executive officer and co-founder, FreshToHome")
In a departure from the ongoing funding winter, fresh fish and meat e-commerce firm FreshToHome has closed $104-million in Series D funding with Amazon Smbhav Venture Fund leading the round. The investment comes at a time when technology and start-up industry valuations are under stress and companies are laying off employees.
Existing investors in Bengaluru-based FreshToHome, including Iron Pillar, Investcorp, Investment Corporation of Dubai (the principal investment arm of the Government of Dubai) and Ascent Capital, also participated in this round. New investors include E20 Investment Ltd, Mount Judi Ventures and Dallah Albaraka. JP Morgan was the placement agent to
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