B2B seafood supply chain player Captain Fresh raises $30-M more in pre-IPO round

Captain Fresh, a Bengaluru-based seafood supply chain company, has raised INR 250 crore (approximately USD 30 million) in its ongoing pre-IPO funding round led by Prosus Ventures, Accel India and Tiger Global. The round received participation from the family office of Sriharsha Majety, co-founder of Swiggy; Sid Khanna, chairman of India Equity Partners; Sunjay Kapur, chairman of Sona Comstar; and Shivalik Prints, a textile and apparel manufacturer supplying global retailers.The company raised INR 100 crore from Motilal Oswal Wealth last month at a valuation of about USD 526 million. Earlier, the company had raised USD 48 million in February which was led by Japan-based SBI Investment and Evolvence Capital.Founded in 2020 by Utham Gowda, the startup operates a business-to-business (B2B) model, supplying meat and seafood to sellers across India and international markets, including the Middle East, Europe and the US.