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| ZappFresh, a meat delivery platform, raises INR 30 CR investment from ah! Ventures High Tables Platform, ah! Ventures Fund, HT Media, Unity SFB and Heifer Impact |
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| Meat Delivery Platform ZappFresh has raised INR 30 CR investment from ah! Ventures High Tables Platform, ah! Ventures Fund, HT Media, Unity SFB and Heifer Impact. ah! Ventures has done 203 investments in 125 startups till date taking its total investment portfolio to INR 434 CR (~54 MN USD) with 16 exits and 48 follow on rounds. 49 investments have happened through all three platforms and the fund in 2023. |
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| The fresh capital will be used for acquisitions, expansion and infrastructure upgrades across northern and southern pockets. The startup also plans to roll out new product lines soon. |
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| Founded in 2015 by Deepanshu Manchanda and Shruti Gochhwal, Zappfresh procures meat from farms and claims to deliver it to the end customer in 90 minutes once the order is placed. Zappfresh is currently operational in Delhi-NCR and Bengaluru. |
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| “This collaboration will not only help us expand our reach but also build more traction in our diverse product portfolio, which includes poultry, goat meat, seafood, and ready-to-eat products.” said Zappfresh co-founder, Manchanda. |
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| Earlier in July, it acquired Dr. Meat, a brand operated by Sukos Foods, to expand across the South Indian market. Zappfresh is aiming for an overall revenue of INR 300 Cr by the end of FY24, with a revenue target of INR 70 Cr in Bengaluru alone. |
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| It competes with the likes of Licious and TenderCuts in the direct-to-consumer (D2C) meat delivery space, and with Swiggy Instamart, Big Basket and Blinkit in the quick commerce and grocery segments. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in |
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| ah! Ventures is one of the world's largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto INR 1 CR (~USD 150K), Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 6000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 434 CR (~54 MN USD) in 125 startups & 203 investments and have announced 16 exits & 48 follow on rounds. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in
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