Mumbai fresh food platform secures 7.5 million funding

Fresh foods-focused platform Living Food has secured $7.5 million in a Series A funding round led by Amasia. The round also saw participation from SOSV, Blume Founders Fund, Xander Group founder Sid Yog and Nexus Venture Partners co-founder Sandeep Singhal, among others.

The company plans to expand its footprint to Mumbai and then to other cities throughout this year, while boosting its logistics and technology solutions and rolling out new brands with fresh capital. 

Living Food claims to deliver locally sourced and high-quality produce to their customers on the same day, it is being harvested or produced. Living Food Co Pvt Ltd was founded in 2018 as a farm-to-table subscription service with a vertical temperature control hydroponic farm. Since then, it has expanded to include over 700 stock-keeping units (SKUs) in 24 categories in Bengaluru, including seasonal fruits, leafy greens, fresh bread, artisanal chocolates, spreads & sauces, and cold-pressed oil.    

“We found plenty of opportunities to grow while remaining focused only on Bangalore. This funding round is a testament to our relentless focus on transforming our consumers’ eating behaviors. We did it by providing access to a vast selection of fresh, clean, and credible food through our fast and innovative fresh food supply chain,” said Akash Sajith, Founder and CEO of Living Food.    

Read the complete article at www.vccircle.com.


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