IPO-Bound Captain Fresh Swings to Profit, Posts INR 42 Cr PAT in FY25

Seafood supply-chain platform Captain Fresh turned profitable in FY25, reporting a profit after tax (PAT) of INR 42 crore compared to a loss in the previous year. The turnaround was driven by technology-led procurement optimization, export expansion, and improved margins in domestic B2B sales. The company’s platform connects fishermen directly with retailers and exporters, reducing middlemen costs and ensuring quality assurance. Backed by Tiger Global and Prosus, Captain Fresh’s positive results strengthen its IPO prospects. The company aims to enhance cold-chain infrastructure and scale digital traceability tools, reflecting growing investor confidence in India’s agri-supply startups.