India, Dec. 29 -- Accel-backed B2B seafood brand Captain Fresh has withdrawn its DRHP which it filed via the confidential route. As per the latest update from SEBI, Captain Fresh's parent Infifresh Foods Ltd withdrew its IPO papers on December 24, over four months after pre-filing for a $400 Mn IPO.
Captain Fresh founder Utham Gowda told Inc42 that the company has temporarily halted its listing bid amid unanticipated delays in getting regulatory clearances for an acquisition it made in the European market.
Captain Fresh plans to refile its IPO papers after getting the regulatory approvals in early 2026, Gowda added.
For context, the seafood major has made three major acquisitions to strengthen its position in the European market. While...
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