Captain Fresh lines up debt funding before public listing

B2B seafood supply chain company, Captain Fresh is raising Rs 45 ($5.3 million) in debt funding from Lighthouse Canton and Stride Ventures ahead of its planned initial public offering (IPO).

The Bengaluru-based company recently transitioned into a public entity, as exclusively reported by Entrackr a couple of weeks ago.

As per its filings with the Registrar of Companies (RoC), Captain Fresh’s board has passed resolutions to issue 4,500 non-convertible debentures (NCDs) with a…