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Wingreens Buys Safe Harvest in Fifth Acquisition
11 May
Summary
- Wingreens acquired Safe Harvest through a share-swap transaction.
- The acquisition was part of a Series D funding round.
- Wingreens aims for a public listing within two years.
Wingreens World, a prominent farm-to-consumer company known for Wingreens Farms dips and Raw Pressery juices, has announced its fifth acquisition. The company has fully acquired Bengaluru-based Safe Harvest, a brand specializing in staples and cold-pressed oils, through a share-swap transaction.
This acquisition was completed as part of Wingreens' Series D funding round, which saw an investment of over ₹120 crore, led by Ashish Kacholia and with participation from Alchemy Fund. Wingreens has raised a total of ₹556 crore to date.
Founded in 2011 by entrepreneurs Anju and Arjun Srivastav, Wingreens has experienced significant growth. The company reported EBITDA profitability in FY26, with revenues reaching ₹362 crore in FY26, an increase from ₹289 crore in FY25. Wingreens is actively working towards a public listing within the next two years.
Safe Harvest, established in 2009 by Rangu Rao, offers a range of products including cereals, grains, pulses, millets, flours, spices, cold-pressed oils, sugars, and honey. This acquisition allows Wingreens to further diversify its portfolio in the consumer health and wellness sector.
Wingreens World's previous acquisitions include Raw Pressery, Monsoon Harvest (now Wingreens Harvest), and Saucery. The company is backed by institutional investors such as Sequoia and Investcorp, and recently by Ashish Kacholia and Alchemy Fund.
