Zappfresh secures Rs 30 crore in funding from investors for business expansion

Zappfresh, an online meat seller, announced that it has successfully secured Rs 30 crore in funding from investors such as Ah! Ventures, HT Media, Unity SFB, and Heifer Impact. The company intends to utilize the newly acquired funds for various strategic purposes, including acquisitions, expansions, and infrastructure upgrades in both the Northern and Southern markets.

Founder Deepanshu Manchanda expressed gratitude for the support from investors, highlighting its significance in launching strategic initiatives. The funds will play a crucial role in expanding Zappfresh's reach and enhancing its diverse product portfolio, which encompasses poultry, goat meat, seafood, and ready-to-eat items.

As part of its growth strategy, Zappfresh aims to introduce new product lines and broaden its market presence. The company plans to diversify its offerings through acquisitions of new companies, reinforcing its position in the market.

This funding injection is expected to fuel Zappfresh's ambitions to not only strengthen its current market standing but also explore new avenues and opportunities in the online meat-selling sector.