Global packaged seafood company Captain Fresh has withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), according to information published by the markets regulator.
The Bengaluru-based company was planning to raise Rs 1,700 crore through a fresh issue as part of its initial public offering (IPO), Entrackr had reported earlier. Ahead of the listing, Captain Fresh had also secured Rs 250 crore in pre-IPO funding led by existing investors Prosus Ventures, Accel, and Tiger Global, with…

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