Online Meat Delivery Startup Freshsharp raises $125 thousand in Seed Fund
Online Meat Delivery Startup Freshsharp raises $125 thousand in Seed Fund

Freshsharp, a start-up based out of Bihar that sells fresh meat, seafood, and other fresh animal protein online has raised a seed fund of $125 thousand through equity from lead investor Ok Acquired, and angel Investor Syed Akbar Raza Ahmed & Hussain Ahmad.

The current valuation of Freshsharp with this new round of seed funding stands at $1 million. The brand aims to utilize the funds for financial and technological assistance to elevate its businesses and enhance growth.

Founded in December 2020, the start-up strengthened the traditional businesses and started expanding in 2022 in Bihar and West Bengal.

“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, CEO, and Founder, Freshsharp.

“This will further boost disbursements, given the various opportunities that we have at present. We are very humble and thankful to our investors for their trust and are grateful to them for their unstinting backing during our growth phase,” Hassan further added.  

Freshsharp is also dealing with the B2B segment, and has done numerous partnerships with restaurants, hotels, cloud kitchens, and institutions,

“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. We look forward to continuing our participation along their journey,” asserted Sujit Jha, Managing Director and CEO, Ok Acquired.

Since its launch, Freshsharp claims to witness 200 percent growth and has served consumers across Darbhanga, Patna, and Kolkata.

The start-up 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.

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With MoEngage onboard, the brand endeavors to enhance customer retention and lifetime value. Additionally, it aims to achieve tangible bottom-line growth by refining conversions, mitigating churn, and maximizing revenue streams through refined engagement tactics.

"We are excited to serve as the proud martech partners for Homes R Us. The brand has consistently prioritized a customer-centric approach, and through our collaboration, we aspire to fortify this commitment," remarked Sweta Duseja, Director of Customer Success at MoEngage.

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