Pescafresh

Mumbai, India Founded: 2004 • Age: 22 yrs
Fresh seafood and meat are delivered via an online platform.
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About Pescafresh

Pescafresh is a company based in Mumbai (India) founded in 2004 by Sangram Ramesh Sawant.. Pescafresh has raised $2.32 million across 3 funding rounds from investors including Aeris, Team India Managers and Fao Ventures. The company has 47 employees as of April 05, 2024.

  • Headquarter Mumbai, India
  • Employees 47 as on 05 Apr, 2024
  • Founders Sangram Ramesh Sawant
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ace Seafood Bazaar Private Limited
  • Date of Incorporation 20 Jul, 2004
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $1.96 M (USD)
    35.79
    as on Mar 31, 2021
  • Net Profit
    $-25.82 K (USD)
    71.9
    as on Mar 31, 2021
  • EBITDA
    $-483.1 (USD)
    98.91
    as on Mar 31, 2021
  • Total Equity Funding
    $2.32 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2 M (USD), Seed

    Mar 01, 2022

  • Investors
    Aeris

    & 13 more

  • Employee Count
    47

    as on Apr 05, 2024

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Funding Insights of Pescafresh

Pescafresh has successfully raised a total of $2.32M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Seed — $2.0M
  • First Round

    (18 Feb 2014)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Seed - Pescafresh Valuation Elara Capital
May, 2016 Amount Seed - Pescafresh Valuation Blume Ventures
Feb, 2014 Amount Seed - Pescafresh Valuation Blume Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Pescafresh

Pescafresh has secured backing from 14 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Aeris, Team India Managers and Fao Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed and early-stage investments are made across sectors in India.
Founded Year Domain Location
Venture capital firm investing in early-stage companies
Founded Year Domain Location
Financial services including investment banking, equities, and asset management.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pescafresh

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pescafresh

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pescafresh Comparisons

Employees
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Competitors of Pescafresh

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pescafresh

Frequently Asked Questions about Pescafresh

When was Pescafresh founded?

Pescafresh was founded in 2004 and raised its 1st funding round 10 years after it was founded.

Where is Pescafresh located?

Pescafresh is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Pescafresh?

Sangram Ramesh Sawant is the current CEO of Pescafresh. They have also founded this company.

Is Pescafresh a funded company?

Pescafresh is a funded company, having raised a total of $2.32M across 3 funding rounds to date. The company's 1st funding round was a Seed of $141.64K, raised on Feb 18, 2014.

How many employees does Pescafresh have?

As of Apr 05, 2024, the latest employee count at Pescafresh is 47.

What is the annual revenue of Pescafresh?

Annual revenue of Pescafresh is $1.96M as on Mar 31, 2021.

What does Pescafresh do?

Pescafresh was established in 2004 in Mumbai, India, as an online platform focused on home delivery of seafood and meat. Freshwater and seawater fish, shellfish, chicken, and mutton are supplied in various cuts, including ready-to-cook and ready-to-eat preparations. Prepared spreads and additional ready-to-eat items are also provided to customers in the region.

Who are Pescafresh's investors?

Pescafresh has 14 investors. Key investors include Aeris, Team India Managers, Fao Ventures, MeemAin Capital Advisors, and Elara Capital.

What is Pescafresh's valuation?

The valuation of Pescafresh is $8.22M as of Mar 2022.

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