Overview
Zappfresh was established in 2015, has swiftly risen to prominence by blending convenience, unpreserved products, with a commitment to customer satisfaction. With a user-friendly website and mobile application that offers a diverse selection of fresh and hygienically sourced meats, ranging from succulent cuts of mutton, poultry, and seafood to exotic options.
Online platform offering multi-category meat and seafood products. It offers products such as fish cuts, fish steaks, whole fish, fish filets, prawns, mutton boneless, mutton keema, chicken thighs, chicken wings, boneless chicken, chicken keema, etc.
It also offers ready-to-eat products like chicken kebabs, mutton kebabs, chicken fingers, chicken wings, prawn cheese balls, cutlets, fish sticks, etc. Its mobile app is available for Android and iOS users.
The company is a fresh meat and ready-to-cook/eat non-veg products retailer. It was an online meat delivery company committed to revolutionizing the way customers experience and enjoy high-quality non-veg food. As of now, Zappfresh’s Unlisted share price has been a topic of interest for investors, with many speculating about the company’s Zappfresh IPO. Though no official Zappfresh share price has been revealed yet, the Zappfresh IPO is highly anticipated.
Products
They are currently dealing in three types of non-veg products:
Business Process
SOURCING
Partnership with Farmers
Breeding and Rearing of Produce
Delivery to Processing Center
PRIMARY PROCESSING (Level 1)
Designated Processing Center
Slaughtering
Cleaning
Quality and Safety Standards
SECONDARY PROCESSING (Level II)
II Level Processing
Stock Keeping Units (SKUs) Management
LAST MILE DELIVERY
Order Placement
Order Fulfillment
Product Packaging
Delivery Logistics
Competitive Strength
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Experienced and Qualified management team
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Well-organized organizational structure
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Efficient business model (Farm to Fork Model)
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High-quality farms
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Quality Assurance and Standards
Business Strategies
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Expansion of our geographical footprint
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Logistics and Delivery Optimisation
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Offline transformation of conventional meat shops into "Zappfresh stores"
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Convenient Ordering Process
Business Model
Board Directors
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Deepanshu Manchanda
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Mohammad Arif Khan
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Priya Aggarwal
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Suman Chaudhary
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Achal Kapoor
Registered Office
The Company’s Registered Office is in New Delhi, India.
Bonus Issue
The company issue 725 Equity Shares of Rs. 10- for every 1 Equity Share held and that such new Equity Shares so issued shall upon allotment have the same rights of voting as the existing Equity Shares of the Company and that the equity shares so allotted during the Financial Year shall be entitled to dividend, if any, proportionately in the year of the allotment of these shares.
Funding Details
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Angel funding: In October 2015, Zappfresh raised $304,000 in angel funding.
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November 2023 funding: Zappfresh raised INR 30 crore ($4.3 million) in a funding round from Ah! Ventures, HT Media, and others. The funds will be used for acquisitions, expansion, and infrastructure upgrades.
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IPO: Zappfresh's parent company, DSM Fresh Foods Ltd, filed a draft red herring prospectus (DRHP) to list on the BSE SME platform. The IPO will include a fresh issue of 59.06 lakh equity shares with a face value of INR 10. Zappfresh plans to use the proceeds from the IPO for acquisitions.
Listing Status
DRHP Filed
IPO Details
The company has filed its DRHP, and the expected date of IPO is in the Mid of FY25, but as of now, no information is provided by the company regarding the price and valuation at which it will bring its IPO.
Dividend Details
The company has not declared any dividends for any of the FYs.
Subsidiaries
The Company does not have any subsidiary companies as of the date of filing of this Draft Red Herring Prospectus.
Associate
Zappfresh is associated with the company name DSM Fresh Foods Private Limited.
Competitors
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Licious
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TenderCuts
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Fresh to Home Foods
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Fipola
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FreshR
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Good to Go
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Blissfresh
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Jalongi
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Meatigo
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Farmery
