FreshToHome Raises $121 Million in One of India’s Largest Series C Financing Rounds
October 27, 2020 – Client News
Gunderson Dettmer represented client FreshToHome, an Indian e-commerce startup that sells fresh vegetables, fish, chicken and other kinds of meat, in its $121 million Series C financing. FreshToHome’s $121 million round is the largest consumer-focused Series C financing for an Indian startup to date.
In the announcement of the transaction co-founder and CEO of FreshToHome Shan Kadavil said that raising a new round at the height of a pandemic was not necessarily difficult for FreshToHome as there is a pent-up demand from investors for this category and the startup has demonstrated impressive growth in recent quarters.
The Gunderson deal team was led by Jonathan Pentzien and included Jolyn Ang and Jackie DeVore.