India’s Wingreens eyes “pesticide-free food” with Safe Harvest buy

India-based Wingreens has acquired section nutrient concern Safe Harvest, which specialises successful “pesticide-free” products.

Financial presumption of the share-swap transaction were not revealed.

The woody adds Safe Harvest to a marque portfolio that already includes Wingreens Farms and Raw Pressery.

In a connection contiguous (11 May), Wingreens described the determination arsenic a “transformative milestone”, saying it creates an integrated “farm-to-consumer” platform.

The woody “further strengthens the group’s beingness successful the rapidly increasing clean-label and pesticide-free foods category”, the connection added.

Just Food has approached the institution for further details.

Safe Harvest works with implicit 100,000 farmers, mostly women, organised done aforesaid assistance groups (SHGs) and husbandman shaper organisations (FPOs).

The marque is known for its batch-wise pesticide investigating strategy crossed a wide scope of products including cereals, grains, millets, spices and earthy sweeteners.

Anju Srivastava, the laminitis and CEO of Wingreens, said: “Safe Harvest’s purpose, farmer-first philosophy, and committedness to transparency are profoundly aligned with the values connected which Wingreens was founded. Together we volition enactment towards empowering farmers, restoring the land, taking factories backmost to the farm, providing agrarian employment, and building, safer, healthier nutrient systems for consumers.”

In parallel, Wingreens raised Rs1.2bn crore ($12.6m) successful a Series D circular led by capitalist Ashish Kacholia, with information from the Alchemy Fund.

The funds are earmarked for merchandise expansion, organisation growth, and proviso concatenation integration, alongside investments successful “innovation” and husbandman partnerships.

Kacholia called the Safe Harvest woody “far much than a concern transaction”.

“It is the coming unneurotic of 2 purpose-driven organisations committed to gathering healthier nutrient systems and creating sustainable livelihoods astatine scale.”

Rangu Rao, the laminitis and CEO of Safe Harvest, added: “Safe Harvest was founded by smallholder husbandman organisations to enactment nature-positive farming and supply genuine pesticide-free nutrient to consumers. Joining hands with Wingreens allows america to standard this ngo importantly faster portion staying existent to our women farmer-centric approach.”

Wingreens was incorporated successful 2011 by Anju Srivastava and Arjun Srivastava. Its merchandise portfolio includes dips, spreads, sauces, baked chips and juices.

The institution said it achieved EBITDA “profitability” successful FY26. It projects “accelerated” enlargement implicit the adjacent 2 years with a program for a imaginable nationalist listing.

"India’s Wingreens eyes “pesticide-free food” with Safe Harvest buy" was primitively created and published by Just Food, a GlobalData owned brand.