FreshToHome, an Indian e-commerce startup that sells fresh vegetables, fish, chicken and other kinds of meat, has raised $121 million in a new financing round as the Bangalore-headquartered firm reports accelerated growth spurred by the coronavirus pandemic. The new financing round for the startup — a Series C — was led by Investment Corporation of Dubai, the principal investment arm of the Government of Dubai, Investcorp,  Ascent Capital, U.S. Government’s development finance institution (DFC), and the Allana Group. As far as Series C financing round for consumer-focused startups goes, FreshToHome’s $121 million round is the largest to date for an Indian startup. This is also the first time DFC has bought an equity stake in an Indian startup.

(Tech Crunch)