Announcing our Follow-On Investment into FreshR
Beyond Capital Fund is pleased to announce our follow-on investment into portfolio company FreshR.
When Beyond Capital made its initial investment in FreshR in April 2019, we were inspired by the enterprise’s commitment to combating the malnutrition and high unemployment rates prevalent in the region of Odisha, India, where the burgeoning company is based. By building reliable rural and urban distribution networks that offer smallholder farmers support and greater access to the value chain, FreshR increases their incomes and enhances consumer access to fresh local meats and fish.
We are pleased to announce our follow-on investment in FreshR, which will allow FreshR to expand its operations into the cities of Bhubaneswar and Cuttack in eastern India, as well as extend its network.
We are excited about the impact FreshR will create by helping 850 microentrepreneurs and smallholder farmers command higher prices in the market and introduce operating procedures that will improve the quality of fresh food in their communities.
Read the full press release here.