PTI

Zappfresh raises Rs 30cr from investors to grow business

Zappfresh raises Rs 30cr from investors to grow business

PTI

New Delhi, Nov 23 (PTI) Startup Zappfresh, an online meat seller, on Thursday said it has raised Rs 30 crore from investors Ah! Ventures, HT Media and others.

'The investment comes from a consortium of investors like Ah! Ventures, HT Media, Unity SFB, and Heifer Impact,' the company said in a statement.

Zappfresh said the fresh injection of funds will be utilised for acquisitions, expansions, and infrastructure upgrades in both the North and South markets.

The company plans to launch new product lines. It will include a variety of poultry, goat meat, seafood, and ready-to-eat items.

Deepanshu Manchanda, the founder of Zappfresh, said the support of investors will be instrumental in launching a variety of strategic initiatives.

'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,' he said.

Zappfresh said it plans to acquire some new companies and diversify its product range, further strengthening its position in the market. PTI MJH MJH MR

Disclaimer: This story is auto-generated feed.

Govt asks airlines not to levy additional charges for 60% seats in flights

Stock markets rally in early trade

In the face of West Asia crisis, is India thinking of setting up a P&I club?

LPG supply situation ‘still concerning,’ 300,000 tonnes stranded in Hormuz: Govt officials

Subrat Das (IPoS) appointed as Secretary of Department of Posts