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Funding · Commerce & Consumer Brands

Wingreens raises ₹120 cr in series d funding

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Date
Company
Wingreens Farms
What it does
Healthy snacks and beverages maker
Kind
Funding
Amount
₹120 Cr ($12.6 Mn)
Stage
Series D
Founded
2011
Sector
Commerce & Consumer Brands

What they do

Wingreens makes healthy snacks, juices, and dairy-free drinks under brands like Raw Pressery

What happened

The company raised ₹120 crore led by Ashish Kacholia to expand products and distribution networks

Why it matters

It also acquired Safe Harvest to integrate farm-to-consumer supply chains and targets an IPO soon

The details

  • Wingreens Farms concluded its Series D funding round raising ₹120 Cr ($12.6 Mn).
  • Ashish Kacholia served as the lead investor for this latest funding round.
  • Alchemy Fund participated as an investor alongside the lead in this transaction.
  • The company simultaneously executed an acquisition of Safe Harvest through a share swap deal.
  • This strategic move aims to build an integrated farm-to-consumer platform for better supply chain control.
  • Wingreens plans to use the funds for product expansion, distribution growth, and innovation.
  • The firm has achieved EBITDA profitability for the fiscal year FY26.
  • Management targets a public listing (IPO) within the next two years.
  • Total capital raised to date now stands at $76.5 Mn across all rounds.

The bigger picture

  • Consumer shift towards healthy snacking is driving significant investor interest in this sector.
  • Wingreens competes with peers like Wonderland Foods and The Whole Truth who have raised large sums.
  • The acquisition of Safe Harvest strengthens its position in the pesticide-free staples market.

About the business

  • Wingreens manufactures healthy snacks, sauces, dips, and breakfast cereals.
  • It produces non-dairy milk and protein shakes for health-conscious consumers.
  • The brand Raw Pressery sells FMCG cold-pressed juices and beverages.
  • Wingreens aims to integrate farmer partnerships into its core supply chain operations.

What happens next

  • Wingreens plans to list publicly via an IPO within the next two years.
  • The company will focus on supply chain integration and farmer partnerships.
  • It intends to expand its distribution network and product portfolio.

The deal

Type
Series D

Investors

Founders

  • Anju Srivastava, co-founder
  • Arjun Srivastava, co-founder

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