Pescafresh Raises $2 Million In Pre-Series A1 Funding Led By Elara India Opportunities Fund The fresh fund will be utilised to invest in geographical expansions and technological intervention

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Pescafresh, a D2C seafood and meat brand, has raised $2 million in a pre-Series A1 funding led by Elara India Opportunities Fund. The company will use the fresh capital to invest in geographical expansions, technological intervention and for strategic partnerships.

"We are delighted that Elara has recognised the efforts by Pescafresh to develop organised seafood and meat space. We aim to leverage our processing capacities," said Sangram Sawant, founder, Pescafresh.

The brand has launched the No Antibiotics Ever (NAE) chicken, tender red mutton and NAE free-range eggs. Pescafresh is building the art processing plants and also aiming to grow at 100 per cent CAGR for the next five years, the company claimed in a statement.

"We are excited to back a brand like Pescafresh that has been built on strong fundamentals. Our company believes that Pescafresh has an edge that is positioned with extensive knowledge of supply chain, technical expertise and the ability to churn differentiated products," said spokesperson, Elara India Opportunities Fund.

Founded in 2004 by Sangram Sawant, Pescafresh is a direct-to-consumer seafood and meat brand that functions on the farm-to-fork business model.

According to a research, meat production in India is estimated at 6.3 million tons annually. In 2021, the sales value of processed meat and seafood in the Indian market amounted as $281 million.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

The 10 Best Podcasts Every Entrepreneur Should Listen to for Growth, Strategy and Success

Unlock your potential with the 10 must-listen podcasts for entrepreneurs, offering expert insights on growth, strategy and success.

News and Trends

Ranbir Kapoor Launches Lifestyle Brand ARKS in Mumbai

ARKS will offer premium footwear and wardrobe staples like tailored shirts, white T-shirts, and trousers, reflecting Ranbir Kapoor's sophisticated yet relaxed style influenced by cinema and fashion trends.

News and Trends

Nikhil Kamath's WTFund Backs 22 Young Entrepreneurs with Grants & Mentorship

WTFund's second cohort, spanning 50+ cities, showcases startups across Tech, D2C, Edtech, Fintech, and more. Tier I drives AI/ML B2B solutions, while Tier II/III focus on vernacular-first B2C innovations.

News and Trends

15 Minutes or Free! Rebel Foods' QuickiES Sets a New Benchmark in Quick Commerce

Rolled out in Mumbai on Valentine's Day, QuickiES ensures that freshly prepared, high-quality dishes reach customers within 15 minutes—otherwise, the order is free.

News and Trends

Raincheck Earth Co. and Almonds Ai Raise Fresh Capital for Expansion & Innovation

The following Indian startups have announced their latest funding rounds, fueling growth and expansion.