FreshMenu: Exclusive: FreshMenu scores new round with a steep haircut in valuation

Full stack foodtech platform FreshMenu has raised a new round from Florintree Solutions with a steep cut in its valuation. This would be the first major funding round for the Bengaluru-based company in the past three years. FreshMenu has allotted 100 equity and 14,85,642 series C non convertible preference shares at issue price of 336.95 per share amounting to Rs 50 crore from Florintree, its regulatory filings with Registrar of Companies (RoC) show. Continue reading Exclusive: FreshMenu scores new round with a steep haircut in valuation at Entrackr.