Indian packaged foods company Wingreens Farms has made a decisive move to strengthen its footprint in the clean-label and pesticide-free food sector, acquiring Safe Harvest through a share swap deal while also raising Rs 120 crore in a Series D funding round. The developments mark a significant step for the Gurgaon-based food and beverage group as it accelerates its growth strategy and positions itself for a potential public listing.Strategic expansion in the health-focused foods spaceacquisition of Safe Harvest, a brand known for its pesticide-free staples and strong farmer connect, adds a new dimension to Wingreens Farms' growing portfolio. With Safe Harvest joining flagship brands Wingreens Farms and Raw Pressery, the group now boasts a diverse range of products spanning dips, sauces, snacks, beverages, and pantry essentials. This move is expected to cement the company's leadership in the fast-evolving natural and clean-label foods segment, a space witnessing robust consumer interest in India.Series D capital to fuel innovation and expansionAshish Kacholia and Alchemy Fund, provides Wingreens Farms with crucial capital at a pivotal time. According to the company, the infusion of Rs 120 crore will be channelled into expanding its product range, broadening distribution networks, integrating supply chains, and advancing investments in innovation and farmer partnerships. Achieving EBITDA profitability in FY26 has further bolstered investor confidence, setting the stage for ambitious expansion plans over the next few years.Safe Harvest: championing pesticide-free food and rural livelihoodsRangu Rao, Founder and CEO of Safe Harvest, told The Hindu BusinessLine that the merger with Wingreens Farms would help scale their mission while maintaining a focus on women-centric, nature-positive agriculture. He highlighted that joining forces would accelerate Safe Harvest’s goal of making genuine pesticide-free food accessible across India.Leadership vision for inclusive and sustainable growthAnju Srivastava, Founder and CEO of Wingreens Farms, emphasised the shared values underpinning the deal. She noted that Safe Harvest’s farmer-first approach and emphasis on transparency align closely with Wingreens’ founding philosophy. Srivastava outlined plans to empower agricultural communities, restore land health, and create employment opportunities in rural areas by integrating factories with farms—a model intended to foster inclusive growth.Market context and future outlook
- Food & Value Chains
- 3 min Read
Wingreens Farms targets accelerated growth with Safe Harvest acquisition and fresh funding
Wingreens Farms has acquired Safe Harvest and secured Rs 120 crore in Series D funding, setting the stage for rapid expansion, innovation, and a potential IPO as the company deepens its commitment to clean-label and sustainable foods.