Patna-based meat delivery brand Freshsharp has raised $125,000 in a seed round of funding led by Ok Acquired (lending partners by a corporate lending financial services company) and angel investors Syed Akbar Raza Ahmed and Hussain Ahmad.
Founded in December 2020 by Majaz Hassan, Freshsharp said it has built a supply chain network across several Indian cities to be able to procure meat and seafood, keep them fresh and deliver them within hours of the order.
The startup intends to use the raised capital for financial and technological assistance to elevate its businesses and enhance growth.
“Freshsharp constantly strives to enable the best of its services through Supply chain, technology, and services for the betterment of farmer communities and traditional businesses. We will use the funds raised to strengthen our ecosystem to meet the necessities of small and traditional vendors, dealers/distributors, farmer communities, processors and retailers,” said Majaz Hassan.
Majaz, who is currently pursuing his Bachelor’s Degree from the University of Engineering & Management, Kolkata, also said the startup is also dealing with the B2B segment and has done numerous partnerships with restaurants, hotels, cloud kitchens, and institutions.
Freshsharp claims to have witnessed a 200% growth and has served consumers across Darbhanga, Patna and Kolkata.
Speaking on the investment, Sujit Jha, Managing Director & CEO – Ok Acquired, said, “We are delighted to support Freshsharp in its growth journey of empowering small businesses in the meat value chain. Freshsharp plays a significant role in providing new market avenues as well as payment assurance to the suppliers in the meat ecosystem. Their platform provides strength to the local ecosystem players helping them to grow the business without affecting their margins thus creating a positive impact.”
Freshsharp is best positioned to serve the fresh meat and seafood needs of India, and our aim is to leverage the farmers along with delivering the quality product to customers.” Said Hussain Ahmed.