
Zappfresh Raises ₹16.8 Crore from Anchor Investors
Zappfresh, the D2C meat and seafood delivery platform of DSM Fresh Foods, has raised ₹16.8 crore from anchor investors ahead of its listing on the Indian Stock Exchanges through an IPO. The company will raise ₹59.65 crore via BSE SME listings, and it said it will deploy the proceeds raised towards working capital and for marketing and business growth. This pre-IPO investment is an indicator of positive market sentiment in the growth opportunity of Zappfresh as well as in the space which it enjoys in the online fresh food delivery business in India.
