Wingreens acquires Safe Harvest, raises Rs 120 Cr Series D led by Ashish Kacholia
Wingreens absorbed pesticide-free brand Safe Harvest via share swap and closed a Rs 120 Cr ($12.6M) Series D from Ashish Kacholia and Alchemy Fund. The deal builds a farm-to-consumer platform stacking Wingreens Farms, Raw Pressery and Safe Harvest, sourcing from 100,000+ farmers. Total capital raised now Rs 556 Cr.
What happened
Wingreens acquired pesticide-free food brand Safe Harvest via share swap and closed a Rs 120 crore Series D led by Ashish Kacholia with Alchemy Fund, building a
Key facts
- Rs 120 crore Series D
- $12.6 million
- Rs 556 crore total raised
- Rs 124 crore Nov 2021 round
- 100,000+ farmers
Why this matters
The all-stock Safe Harvest absorption is a template for consolidating sub-scale clean-label brands into a sourcing-led platform—watch for Wingreens to keep swapping equity for complementary categories rather than paying cash.