Pescafresh raises pre-Series A round

D2C seafood and meat brand Pescafresh has raised $2 million in its pre-Series A1 round led by Elara India Opportunities Fund.

The startup will use the fresh capital to invest in geographical expansions, technological intervention and strategic partnerships.

Founded in 2004 by Sangram Sawant, Pescafresh is a direct-to-consumer seafood and meat brand that functions on the farm-to-fork business model.

The brand has launched its No Antibiotics Ever (NAE) chicken, tender red mutton and NAE free-range eggs. The company aims to grow at 100% CAGR for the next five years.

In seafood and meat brands, Licious and FreshToHome are market leaders followed by Zapp Fresh among others.