Captain Fresh raises $3 million in seed funding from Matrix, others

Bengaluru: Captain Fresh, a business-to-business (B2B) marketplace for seafood, has raised $3 million in a seed funding round co-led by Matrix Partners India and Ankur Capital. Incubate Fund and angel investors, including Jupiter Money’s Jitendra Gupta and Pine Labs’ Amrish Rau, also participated in the round.

Captain Fresh, founded in 2019 by Utham Gowda, supplies fresh water fish and seafood to more than 550 retailers across general and modern trade, as well as to online meat and seafood retailers. It is present in Bengaluru, Hyderabad, Pune, Mumbai, Mangaluru and Visakhapatnam.

“We are digitally transforming the highly inefficient fresh fish and seafood supply chain in India by aggregating the fragmented retail demand across the country and linking them to the small fishermen and farmers throughout the Indian coast,” Gowda said.