Wingreens Farms raises ₹120 Cr Series D, acquires Safe Harvest in share swap
Ashish Kacholia-led ₹120 Cr Series D lands alongside an all-stock buyout of pesticide-free staples brand Safe Harvest, stitching together a farm-to-consumer platform spanning 1 lakh+ farmers. Wingreens sits with Raw Pressery in portfolio, flags FY26 EBITDA profitability and an IPO within two years.
What happened
Wingreens Farms raised ₹120 Cr Series D led by Ashish Kacholia and acquired Safe Harvest via share swap, creating an integrated farm-to-consumer platform
Key facts
- ₹120 Cr Series D
- $12.6 Mn
- $76.5 Mn total raised
- 1 Lakh+ farmers
- founded 2011
- Safe Harvest incorporated 2009
Why this matters
The all-stock Safe Harvest buyout is a template for platform roll-ups in Indian packaged foods—expect more share-swap consolidation among mid-scale D2C brands racing to IPO-ready scale before public markets reprice the category.