Captain Fresh founder and chief executive Utham Gowda did not disclose the deal value, but said that his firm was fully acquiring CenSea in a cash-and-stock deal, with 90% of the consideration paid in cash.
Captain Fresh founder and chief executive Utham Gowda did not disclose the deal value, but said that his firm was fully acquiring CenSea in a cash-and-stock deal, with 90% of the consideration paid in cash.
The move is aimed at ensuring that millions of Paytm Fastag users do not face any hassle while using toll roads after the cut-off date, people aware of the matter told ET. The government is apprehensive of the inconvenience that will be caused to Paytm users, they said.
Captain Fresh raises $25M in funding round led by BII and Nekkanti Seafoods Group. Utham Gowda to hold 19% stake. Matrix Partners, Ankur Capital, Prosus, and Tiger Global also invest. Acquisition of Senecrus. Expansion in US, Europe, and southeast Asia. Works with retailers Metro, Auchan, Carrefour in France, Germany, Poland, Middle East.
Startup funding in the third week of February 2024 rose by about 77% from the same week a year ago, totaling $143.6 million across 21 different deals. Companies across seed, early, and late-stages had raised about $81 million from 32 rounds in the period from February 10 to February 16, 2023, as per data from Tracxn.