Liquidity Events

Raw Pressery brand owner Wingreens World acquires cold-pressed oil brand Safe Harvest

Economic Times  

Gurugram-based Wingreens World, a consumer goods company, has acquired the Bengaluru-based staples and cold-pressed oils brand Safe Harvest in a share-swap transaction. This is the fifth buyout for Wingreens World, which was completed alongside a Series D funding round that raised over INR 120 Cr led by investor Ashish Kacholia with participation from Alchemy Fund. Founded in 2009 by Rangu Rao, Safe Harvest specializes in packaged cereals, grains, pulses, millets, flours, whole spices, cold-pressed oils, natural sugars, and honey. Wingreens World, established in 2011 by Anju and Arjun Srivastav, produces items including dips, sauces, spreads, and juices under brands such as Wingreens Farms and Raw Pressery. Wingreens World plans to leverage its expanded portfolio as it works toward a public listing within the next two years.

In Aug 2013, Safe Harvest had attracted funding from Palaash Ventures.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.