Wingreens World absorbs Safe Harvest in share-swap, banks ₹120 cr Series D ahead of IPO
Gurgaon-based Wingreens World has acquired organic foods brand Safe Harvest via share-swap, marking its fifth buyout. The combined entity spans 50,000+ retail outlets nationally. A ₹120 crore Series D led by Tanglin Venture Partners sets up an IPO within two years.
What happened
Wingreens World acquired organic foods brand Safe Harvest via share-swap, its fifth buy, and closed ₹120 crore Series D led by Tanglin. Combined entity spans
Key facts
- ₹120 crore Series D
- 5th acquisition
- 50,000+ retail outlets
- IPO within 2 years
Why this matters
Share-swap structure with a ₹120 cr cash cushion makes Wingreens an aggressive consolidator—expect a sixth bolt-on in adjacent healthy-snacking categories within 12 months.