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FreshToHome is raising $16.2 Mn from Ascent at $244 Mn enterprise valuation

Shortpedia

Content Team
Image Credit: shortpedia

Bengaluru-based online marketplace for perishable goods FreshToHome is raising a fresh round of capital from Ascent Capital India. The attached valuation report shows that the fair value per equity share is INR 952, with an enterprise value of INR 1,830 Cr ($244 Mn). The company filings showed that the funds are being raised for the growth, expansion, marketing and general corporate activities of the company.