Source-Controlled Seafood Business Raising Funds In Delhi

About Business

Activity Types: Deep-sea fishing

State Dept Licence: Yes

Primary Sales Channel: Own processing + retail

It is a source-controlled seafood platform that recorded ₹1.7 Cr in FY25-26 revenue across B2C and B2B channels, and is targeting ₹8 Cr for FY26-27 — with July 2026 clocking a record ₹38.8L in net revenue. The business spans six product categories — fresh (cut-to-order), frozen (IQF retail packs), ready-to-cook, ready-to-eat, cold cuts & deli, and imported & premium — with no direct competitor currently operating across all six under a single brand in India.

Supply is controlled at source. The company holds long-term, government-backed dam contracts and sea vessel partnerships, giving it ownership over freshness, quality, and pricing from the moment of catch. Product is processed at its own chilled, chemical-free facility and dispatched to the customer’s doorstep on the same day, cut to order only after purchase, with no intermediaries at any stage.

In FY25-26, the platform delivered 14,150 orders at a blended AOV of ₹1,192 (B2C: ₹843). Contribution margin at the CM3 level turned positive in H2 FY25-26. By July 2026, repeat customers accounted for 75% of D2C revenue — up from 64% in April 2025 — and blended ROAS reached 3.9x at the FY25-26 exit month. Customer acquisition cost stands at ₹1,000, recovered within approximately 45 days through repeat ordering.

The platform is currently live across its own D2C website and app (all six categories), Blinkit (quick commerce), and Zomato Hyperpure (B2B/HoReCa). Zepto and Instamart listings and a subscription box programme are in the launch phase. Branded retail units in high-footfall markets and modern trade (Nature’s Basket, Spencer’s, Foodhall) are targeted from FY27-28.

Three co-founders lead the business, bringing 18 years of brand and marketing experience, MBA-qualified finance and dam operations expertise, and full cold-chain and supply operations ownership, respectively. The founding team self-funds operations.

Average Monthly Sales/Revenue (FY 2026-27) : INR 40.00 L

Clientele type

Key B2B clients/channels Blinkit (live), Zomato Hyperpure (live), and Zepto & Instamart (launching)

Premises

The premises are leased.

What’s on offer

The terms of the transaction will be discussed with potential investors.

Asking Price

INR 10.00 Cr

Minimum ticket size

INR 8.00 Cr

Reason

funds are earmarked across four pillars: (1) processing centre rollout — Mumbai and Bangalore hubs in FY26-27, Hyderabad and Pune in FY27-28, ₹50L all-in per hub; (2) growth engine — approximately 41,000 new customer acquisitions at ₹1,000 CAC and two Blinkit dark-store corridors (zero corridor capex); (3) new product development — RTC marinades, retort RTE formats, meal boxes, and product certifications; (4) talent and supply — CTO hire, supply chain leadership, city heads, and seed investment with dam owners for advance price-lock ahead of each city wave.