Gurgaon-based Wingreens World produces healthy packaged juices and foods for online sales to Indian consumers. The company’s roots are in an agribusiness called the Women’s Initiative Network that started more than a decade ago to source spices and produce from female farmers.
The latest milestones in Wingreens’ evolution include closing its 1.2 billion rupee ($12.5 million) Series D equity round, and acquiring Bangalore-based Safe Harvest, which has for 17 years worked with women’s farming cooperatives to source pesticide-free foods. Investors in Wingreens’ Series D round include Ashish Kacholia, a successful 1990s stock trader, and social enterprise-focused VC firm Alchemy Fund. The acquisition was reportedly completed in a 100% share-swap deal.
Wingreens’ Arjun Srivastava touted Wingreens’ and Safe Harvest’s mission alignment.
“What Safe Harvest has built is not just a food brand. It is a movement powered by thousands of farmers, mostly women, who chose the harder path of returning to natural farming, restoring soils, protecting water, and growing food with integrity,” he wrote on LinkedIn. “That kind of work requires courage, conviction and years of unwavering commitment.”