Funding · Commerce & Consumer Brands
Origin Fresh in talks for $10 million Series A raise
By Startup Enthusiast ·
- Date
- Company
- Origin Fresh
- What it does
- Farm-to-consumer fresh produce startup
- Kind
- Funding
- Amount
- $10 Mn
- Stage
- Series A
- Based in
- Bengaluru
- Founded
- 2020
What they do
Origin Fresh sells fresh produce through a vertically integrated farm-to-consumer model with direct farmer sourcing
What happened
The company is raising $10 million in a Series A round to expand its retail footprint and supply chain
Why it matters
Funds will support brand building, customer acquisition, and the opening of new stores and hydroponic farms
The details
- Origin Fresh is currently in talks to raise $10 Mn in a Series A funding round.
- The startup plans to use the funds to expand its retail footprint in metro and tier II cities.
- Capital will also support brand building, customer acquisition, and supply chain enhancement initiatives.
- This follows a previous $3.5 Mn seed/pre-Series A round led by Aeravti Ventures.
- Previous investors included Microlabs, Sattva Family Office, Botnar Foundation, and Netri Foundation.
- The company aims to open approximately 10 new stores and 10+ hydroponic farms next year.
- Expansion targets include Bengaluru, Coimbatore, Maharashtra, Gujarat, and Delhi.
- Origin Fresh recently opened its first western India store in Pune last month.
The bigger picture
- It signals confidence in the farm-to-consumer model amid growing demand for fresh produce.
- The company has seen nearly fivefold growth in D2C order volumes over the past year.
- Investors are backing a business that directly empowers smallholder farmers through better pricing.
About the business
- Origin Fresh operates a vertically integrated farm-to-consumer model controlling the entire supply chain.
- It serves both B2B clients like restaurants and D2C customers via online and offline channels.
- The company sources fresh produce from over 10,000 farmers through 5 collection centres.
- It operates 15 company-run stores and fulfilment hubs in Bengaluru and Chennai.
- Logistics rely on an in-house fleet of approximately 120 EVs with salaried employees.
- About 40% of its fruit portfolio consists of imported growers from Australia, Thailand, and Spain.
- The product mix includes Indian staples, exotic vegetables, fruits, and value-added blends.
- Revenue split is roughly 35-40% B2B with the remainder coming from D2C channels.
- The FY26 operating revenue target is set at ₹100 Cr, nearly double the FY25 figure.
What happens next
- Open approximately 10 new stores and 10+ hydroponic farms next year.
- Expand operations into Maharashtra, Gujarat, and Delhi regions.
- Establish three new collection centres in Maharashtra this year.
- Grow the shop-in-shop format as a key capital-efficient channel.
- Continue expanding D2C order volumes which have grown fivefold recently.
The deal
- Type
- Series A
Investors
- Aeravti Ventures (lead) — Led the previous $3.5 Mn seed/pre-Series A round.
- Microlabs (participant) — Participated in the previous seed/pre-Series A round.
- Sattva Family Office (participant) — Participated in the previous seed/pre-Series A round.
- Botnar Foundation (participant) — Swiss foundation participating in the previous seed/pre-Series A round.
- Netri Foundation (participant) — Spanish foundation participating in the previous seed/pre-Series A round.
Founders
- Prashanth Vasan, Co-founder & CEO
About Origin Fresh
- Product
- Fresh produce delivery and retail stores for fruits and vegetables.
- Customers
- Consumers and restaurants buying fresh produce.
- How it makes money
- Sells fresh produce directly and through its own retail and delivery network.
- What sets it apart
- Vertically integrated farm-to-consumer supply chain that removes middlemen and aims to deliver within 12 hours.
- Operations
- Expanding retail footprint in metro and tier II cities, including Western India.
Same day
- SEORCE launches AI-native SEO platform8 July 2026 · Launch
- Yes Madam launches instant beauty services8 July 2026 · Launch
- Smaket and DeepTechGenie founders share journey in retail automation8 July 2026 · Analysis
- Edysor.ai raises ₹1.2 crore in pre-seed funding led by Jasmine Sarupria8 July 2026 · Funding · Rs 1.2 crore
- Yarnit CEO discusses agentic commerce and AI discoverability8 July 2026 · Analysis
- Leverage Edu buys Brazil's Mundus Agency, plans IPO8 July 2026 · Acquisition