Gurugram-based online fresh fish and meat retailer ZappFresh is scaling up its operations across India, the Middle East, and the MENA region, with plans to launch in Dubai in Q2 2025.
As part of its expansion strategy, the company focuses on western India and exploring new markets. It recently strengthened its foothold by acquiring Bonsaro, a Mumbai-based online meat and seafood delivery platform.
According to ZappFresh’s press release, the expansion has been strategically planned as part of the company’s global growth roadmap.
A Fast-Growing Business
Founded in 2015 by Deepanshu Manchanda, ZappFresh delivers fresh meat, seafood, and ready-to-cook items through its app and website.
The company is gearing up for its IPO in 2025, having filed a draft red herring prospectus (DRHP) on BSE SME in August last year.
Financially, ZappFresh has demonstrated strong growth, reporting a 60% jump in operating revenue to Rs 90.4 crore in FY24, compared to Rs 56.3 crore in FY23. Additionally, its net profit surged 70% YoY to Rs 4.7 crore.
To date, ZappFresh has raised approximately $14 million, including $4.3 million in November 2023 from investors like Ah! Ventures, HT Media, and others.
With its upcoming Dubai launch and IPO plans, ZappFresh is set to become a key player in India’s premium fresh meat and seafood segment and beyond.