Incubate Fund Asia

Captain Fresh leverages technology to deliver freshwater fish and seafood to retailers across all key formats. The company said it is building a trusted seafood supply chain by bringing in intelligence for superior demand-supply matching, enabling e-auctions for sourcing, standardising supplies, and maintaining digital traceability systems.

Captain Fresh was founded in April 2019 by Utham Gowda, an ex-investment banker.

Gowda said, “We started with a simple vision to build a fresh fish and seafood platform that the ecosystem could completely trust and rely on for their daily needs. We want to nurture our retail partners’ businesses by providing full availability, range and high-quality fresh supplies on a daily basis.”

Previously, The Bengaluru-based company received seed investments of USD 750,000 or over Rs 5 crore from Nekkanti Group and Sandhya Aqua, leading exporters of frozen shrimp.

Nao Murakami, Founder and General Partner at Incubate Fund India said, “As Incubate Fund is a Japanese-origin fund, we can bring best practices in supply chain innovations and support potential collaborations between Captain Fresh and Japanese companies.”

Read more at: https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/captain-fresh-raises-usd-2-3-mn-from-investors-to-grow-seafood-supply-chain-biz/77585917

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