Wingreens acquires Safe Harvest, raises Rs 120 Cr Series D led by Ashish Kacholia
Wingreens has bought pesticide-free food brand Safe Harvest in a share swap and closed a Rs 120 crore ($12.6M) Series D led by Ashish Kacholia with Alchemy Fund. Capital will fund portfolio, distribution and supply-chain expansion across its farm-to-consumer brands, taking total raised to Rs 556 crore.
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. Funds will
Key facts
- Rs 120 crore Series D
- $12.6 million
- Rs 556 crore total raised
- 100,000+ farmers
Why this matters
The share-swap structure for Safe Harvest is the playbook here—roll-ups of mission-aligned D2C food brands via equity rather than cash preserve dry powder for distribution buildout while consolidating shelf and supply-chain leverage.