{"id":2143,"date":"2023-03-07T16:23:58","date_gmt":"2023-03-07T10:53:58","guid":{"rendered":"\/blog\/?p=2143"},"modified":"2023-04-20T11:36:39","modified_gmt":"2023-04-20T06:06:39","slug":"ex-uae-residents-freshtohome-portal-nets-amazon-104m-fund-round-gets-ready-saudi-arabia","status":"publish","type":"post","link":"\/blog\/ex-uae-residents-freshtohome-portal-nets-amazon-104m-fund-round-gets-ready-saudi-arabia\/","title":{"rendered":"Ex-UAE resident\u2019s FreshToHome portal nets Amazon in $104m fund round, gets ready for Saudi Arabia"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><a href=\"\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New.jpg\"><img fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"2146\" data-permalink=\"\/blog\/ex-uae-residents-freshtohome-portal-nets-amazon-104m-fund-round-gets-ready-saudi-arabia\/shan-kadavil_2_new\/\" data-orig-file=\"https:\/\/i2.wp.com\/www.freshtohome.com\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New.jpg?fit=800%2C600&amp;ssl=1\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Shan Kadavil_2_New\" data-image-description=\"\" data-medium-file=\"https:\/\/i2.wp.com\/www.freshtohome.com\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New.jpg?fit=300%2C225&amp;ssl=1\" data-large-file=\"https:\/\/i2.wp.com\/www.freshtohome.com\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New.jpg?fit=800%2C600&amp;ssl=1\" class=\"alignnone size-medium wp-image-2146\" src=\"\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/i2.wp.com\/www.freshtohome.com\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i2.wp.com\/www.freshtohome.com\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New.jpg?resize=768%2C576&amp;ssl=1 768w, https:\/\/i2.wp.com\/www.freshtohome.com\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New.jpg?w=800&amp;ssl=1 800w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/gulfnews.com\/business\/markets\/ex-uae-residents-freshtohome-portal-nets-amazon-in-104m-fund-round-gets-ready-for-saudi-arabia-1.93989179\">Shan Kadavil, CEO and Co-Founder, FreshtoHome\u00a0<\/a><\/p>\n<div class=\"story-block\">\n<p>Dubai: FreshToHome, a direct-to-consumer portal selling fish and meat started by an ex-UAE resident, has hooked $104 million in its latest funding round, which is led by Amazon. Existing contributors such as Investment Corporation of Dubai, ADQ and Bahrain\u2019s Investcorp added to their earlier stakes.<\/p>\n<\/div>\n<div class=\"story-block\">\n<p>Abdul Aziz Al Ghurair, the Dubai-based billionaire, had also been an investor in a previous round.<\/p>\n<div class=\"story-block\">\n<p>The portal, which launched operations by sourcing fresh catch direct from fishermen in India, is operational in the UAE, including having two physical locations at Dubai Waterfront Market. With the $104 million, FreshToHome has raised more than $240 million, and sees the time as being right for major forays into Saudi Arabia and other markets.<\/p>\n<\/div>\n<div class=\"story-block\">\n<p>\u201cOur business model will be direct-to-consumer, and for now we do not see any need to supply fresh supplies to third-parties such as supermarkets,\u201d said Shan Kadavil, co-founder and CEO. (An alumni of Sharjah Indian High School, Kadavil had an extensive stint in Silicon Valley, including in gaming ventures, before launching FreshToHome in 2015.)<\/p>\n<p><a href=\"https:\/\/gulfnews.com\/business\/markets\/ex-uae-residents-freshtohome-portal-nets-amazon-in-104m-fund-round-gets-ready-for-saudi-arabia-1.93989179\">&lt;Read More&gt;\u00a0<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Shan Kadavil, CEO and Co-Founder, FreshtoHome\u00a0 Dubai: FreshToHome, a direct-to-consumer portal selling fish and meat started by an ex-UAE resident, has hooked $104 million in its latest funding round, which is led by Amazon. Existing contributors such as Investment Corporation of Dubai, ADQ and Bahrain\u2019s Investcorp added to their earlier stakes. Abdul Aziz Al [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1],"tags":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p79bGN-yz","jetpack-related-posts":[{"id":2139,"url":"\/blog\/freshtohome-closes-104-mn-series-d-funding-amazon-smbhav-vc-others\/","url_meta":{"origin":2143,"position":0},"title":"FreshToHome closes $104 mn Series D funding with Amazon Smbhav VC, others","date":"March 6, 2023","format":false,"excerpt":"Shan Kadavil, CEO and Co-Founder, FreshtoHome FreshToHome, a platform that sells fresh fish and meat, has closed $104 million in Series D funding with Amazon Smbhav Venture Fund leading the round. New investors joining this round included E20 Investment Ltd., Mount Judi Ventures and Dallah Albaraka while existing investors in\u2026","rel":"nofollow","context":"In \u201cFood-tech\u201d","img":{"alt_text":"","src":"\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_New-300x200.jpg","width":350,"height":200},"classes":[]},{"id":2133,"url":"\/blog\/amazon-backs-indian-meat-startup-freshtohome-104-million-funding\/","url_meta":{"origin":2143,"position":1},"title":"Amazon backs Indian meat startup FreshToHome in $104 million funding","date":"March 6, 2023","format":false,"excerpt":"Indian startup FreshToHome, which\u00a0sells fresh fish and meat to consumers\u00a0in the South Asian market and the Middle East region, has courted a new backer: Amazon. Amazon, through its\u00a0India-focused Smbhav Venture Fund, has led a $104 million Series D financing round in the Bengaluru-headquartered startup, the two companies said Tuesday. The\u2026","rel":"nofollow","context":"In \u201cFood-tech\u201d","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.freshtohome.com\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_New.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2165,"url":"\/blog\/d2c-brand-freshtohome-cracked-product-market-fit-uae-reach-inr-1300-cr-arr-3-years\/","url_meta":{"origin":2143,"position":2},"title":"How D2C Brand FreshToHome Cracked Product Market Fit In UAE To Reach INR 1,300 Cr ARR In 3 Years?","date":"May 16, 2023","format":false,"excerpt":"Half way through 2019, FreshToHome\u2019s cofounders Shan Kadavil and Mathew Joseph decided to expand their D2C fresh meat and seafood brand to the UAE. However, all their projections came to a staggering halt when they realised that cracking the code to the product-market fit in the region would not be\u2026","rel":"nofollow","context":"In \u201cFish\u201d","img":{"alt_text":"","src":"\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_2_New-300x225.jpg","width":350,"height":200},"classes":[]},{"id":2098,"url":"\/blog\/freshtohome-expand-56-cities-24-months\/","url_meta":{"origin":2143,"position":3},"title":"FreshToHome to expand to 56 cities in 24 months","date":"March 24, 2022","format":false,"excerpt":"Shan Kadavil, Founder, FreshtoHome Fresh To Home, the e-commerce firm which focuses on delivering fresh fish, and meat, plans to expand to 56 cities across India in the next 24 months. The Bangalore based firm which recently raised $ 121 million (about Rs 890.8 crore) in a funding round led\u2026","rel":"nofollow","context":"In \u201cExpansion\u201d","img":{"alt_text":"","src":"\/blog\/wp-content\/uploads\/2022\/03\/ShanSir_1MB-1-200x300.jpg","width":350,"height":200},"classes":[]},{"id":2131,"url":"\/blog\/freshtohome-raises-series-d-funding-led-amazon-smbhav\/","url_meta":{"origin":2143,"position":4},"title":"FreshToHome Raises Series D Funding, Led By Amazon Smbhav","date":"February 28, 2023","format":false,"excerpt":"Direct-to-consumer meat delivery brand FreshToHome has closed $104 million (Rs 861.3 crore) in a Series D round led by Amazon Smbhav Venture Fund, a top executive told VCCircle. \"The fresh capital would be used to deepen\u00a0FreshToHome's presence in the 160 cities cities it currently operates in,\" founder and chief executive\u2026","rel":"nofollow","context":"In \u201cchicken\u201d","img":{"alt_text":"","src":"\/blog\/wp-content\/uploads\/2022\/03\/ShanSir_1MB-1-200x300.jpg","width":350,"height":200},"classes":[]},{"id":2136,"url":"\/blog\/d2c-meat-startup-freshtohome-raises-104-mn-funding-build-omnichannel-presence\/","url_meta":{"origin":2143,"position":5},"title":"D2C Meat Startup FreshToHome Raises $104 Mn Funding To Build Omnichannel Presence","date":"March 6, 2023","format":false,"excerpt":"D2C meat and fish brand FreshToHome has raised $104 Mn in a Series D funding round led by Amazon Sambhav Venture Fund. The round also saw participation from E20 Investment, Mount Judi Ventures, as well as existing investors such as Investcorp, among others. FreshToHome will use the fresh funding to\u2026","rel":"nofollow","context":"In \u201cFunding\u201d","img":{"alt_text":"","src":"\/blog\/wp-content\/uploads\/2023\/03\/Shan-Kadavil_New-300x200.jpg","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"\/blog\/wp-json\/wp\/v2\/posts\/2143"}],"collection":[{"href":"\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"\/blog\/wp-json\/wp\/v2\/comments?post=2143"}],"version-history":[{"count":3,"href":"\/blog\/wp-json\/wp\/v2\/posts\/2143\/revisions"}],"predecessor-version":[{"id":2147,"href":"\/blog\/wp-json\/wp\/v2\/posts\/2143\/revisions\/2147"}],"wp:attachment":[{"href":"\/blog\/wp-json\/wp\/v2\/media?parent=2143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"\/blog\/wp-json\/wp\/v2\/categories?post=2143"},{"taxonomy":"post_tag","embeddable":true,"href":"\/blog\/wp-json\/wp\/v2\/tags?post=2143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}