Captainfresh’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Infifresh Foods Private Limited | CIN: U51909KA2020PTC134621
CaptainFresh, founded by Utham Gowda, is a prominent B2B seafood and fresh produce supply chain company revolutionizing the fish and meat distribution ecosystem in India. Established in 2019, CaptainFresh leverages technology to streamline sourcing, cold storage, and logistics, ensuring high-quality, traceable products reach retailers and institutional buyers quickly and efficiently. The company focuses on building a robust cold chain networ...
| Metric | Detail |
|---|---|
| Founding Year | 2019 |
| Headquarters | India |
| Revenue FY23 | ₹800 Cr |
| Revenue FY22 | ₹500 Cr |
| Profit/Loss FY23 | Net Loss (~₹80 Cr) |
| Total Employees FY23 | ~2,500 |
| Round | Date | Amount Raised | Valuation | Investors |
|---|---|---|---|---|
| Series C | Mar 2023 | $25 million | ~$500 million | Accel, Tiger Global, Matrix Partners |
| Series B | Feb 2022 | $50 million | ~$300 million | Prosus Ventures, Accel |
| Series A | Mar 2021 | $12 million | — | Matrix Partners, Incubate Fund |
CaptainFresh’s revenue increased from ₹500 Cr in FY22 to ₹800 Cr in FY23 and is projected to touch ₹1,200 Cr in FY24. While currently loss-making, its deficit is narrowing as it focuses on supply chain efficiencies and scale.
Expense ratios improved from 95% in FY22 to an expected 75% in FY24, highlighting operational improvements and better margin management across its B2B supply chain network.
CaptainFresh’s employee base grew from ~2,000 in FY22 to ~2,500 in FY23, projected to reach ~2,800 in FY24, reflecting investments in technology, logistics, and cold chain operations.
- Strengthening seafood and fresh produce supply chains across India and Asia.
- Investments in technology-led procurement and cold chain logistics.
- Expansion into B2B partnerships with modern trade and HoReCa segments.
- No IPO plans yet; focus remains on growth and operational efficiencies.
CaptainFresh expanded exports to Gulf markets, closed $25 million Series C funding to improve distribution and technology, and was recognized for innovation in seafood traceability and freshness.
| Metric | Detail |
|---|---|
| Revenue Growth | ₹500 Cr → ₹800 Cr → ₹1,200 Cr (strong upward trend) |
| Profitability | Loss-making (~₹80 Cr in FY23), improving |
| Employee Growth | ~2,000 → ~2,500 → ~2,800 (consistent expansion) |
| Market Position | Leading B2B seafood & fresh supply chain brand in India |
CaptainFresh’s rapid revenue growth, strategic supply chain investments, and strong brand presence in seafood and fresh produce position it as a major player in the B2B fresh supply space. Operational efficiencies and technology-led expansions indicate a strong future trajectory. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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