Beyond Capital Fund has announced a follow-on investment in FreshR to support its expansion in Odisha, India, addressing malnutrition and unemployment while enhancing local food distribution.

Information on the Target

FreshR is a dynamic enterprise based in Odisha, India, dedicated to addressing critical issues such as malnutrition and high unemployment rates in the region. The company focuses on enhancing the livelihoods of smallholder farmers by building robust distribution networks that facilitate access to the value chain, ultimately improving the income of farmers and the availability of fresh local meats and fish for consumers.

Since Beyond Capital Fund's initial investment in April 2019, FreshR has demonstrated significant commitment to its mission, contributing to the economic development of the region by empowering local agricultural communities. The recent follow-on investment aims to further augment FreshR's operations in key urban centers such as Bhubaneswar and Cuttack.

Industry Overview

The agricultural industry in India, particularly in Odisha, faces numerous challenges, including a fragmented supply chain, inadequate access to markets, and fluctuating prices for smallholder farm