2004
Mumbai
Seed
Pescafresh is a pioneering direct-to-consumer (D2C) fresh seafood and meat delivery platform that operates on the core principle of delivering premium-quality, 100% fresh products directly from source to customers' doorsteps. The company pioneered the organized fresh seafood and meat retail space in India, transforming an unstructured market through vertical integration and technology-enabled home delivery.
Seafood Portfolio: Freshwater fish (catla, rohu, mrigal), seawater fish (surmai, pomfrets, corvina, mackerel), exotic international seafood (Scottish salmon, Norwegian pink salmon), and shellfish (lobsters, mud crabs, prawns, shrimp)
Protein Products: No Antibiotics Ever (NAE) Chicken with 15+ specialized cuts, free-range NAE eggs, and tender red mutton (ethically sourced goat meat in various cuts)
Value-Added Products: Ready-to-Eat (RTE) range (SASH22 brand) featuring meat-based spreads and Ready-to-Cook (RTC) products including pre-marinated items, momos, tikkas, sausages, and prepared dishes
Digital Services: PescaLive (world's first live commerce platform for real-time visual selection of fresh seafood and meats) and DIY recipe content with cooking guidance
Business Model – Farm-to-Fork Vertical Integration
Owns and controls entire supply chain from procurement to last-mile delivery with temperature-controlled cold chain management
Maintains FSSAI-compliant processing facilities with multi-stage quality inspection protocols
Direct-to-Consumer (D2C) Sales: Primary revenue through website and mobile app with same-day or next-day delivery
Subscription/Membership Plans: Flexible models offering free delivery, discounted pricing, and priority inventory access
B2B Distribution: Supply to e-commerce platforms (Amazon, Swiggy, Blinkit), QSR chains, restaurants, hotels, and specialty retail through dark stores
HoReCa & Institutional Supply: Supply agreements with hospitality establishments and corporate entities
Product Diversification Revenue: Premium-margin value-added and ready-to-cook products
Live Commerce Monetization: Transaction fees and margins from PescaLive platform
$2.32Million
3
$2Million, Seed
as of March 1, 2022
$8.22Million
as of April 8, 2022
-
as of N/A
Elara Capital
and 3 more19
Emeat
No Exits
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| March 1, 2022 | Seed | $2Million | $8.22Million | $2.29Million | - | Elara Capital |
| May 25, 2016 | Seed | $177K | $3.88Million | $1.89Million | - | Blume Venture, Team India Managers, Fao Ventures, Aeris, MeemAin Capital Advisors |
| February 18, 2014 | Seed | $142K | $2.83Million | - | - | Blume Venture, Fao Ventures, Aeris, MeemAin Capital Advisors |