FreshToHome in talks for $130 million funding: Report

Online fish and meat seller, FreshToHome may get $130 million in a fresh round of funding from investors including Investcorp, Saudi venture capital firm Raed Ventures, Middle East Oils and Grains and US International Development Finance Corporation, a report in The Economic Times citing sources familiar with the matter said.

This would value the meat selling company at around $380-$400 million post-money, the report stated.

The Bengaluru-based online fresh food retailer had secured over $30 million in two rounds of funding last year led by Iron Pillar and CE-Ventures.

Current investors Iron Pillar and Ascent Capital, and a new backer, the chief financial officer of Facebook, also participated in the funding round, the report said.