Packaged food and beverage commpany, Wingreens has acquired Safe Harvest through a share swap transaction, strengthening its presence in clean-label and pesticide-free foods category. The company said it has also secured a Series D funding round of around ₹120 crore ($12.6 million) led by Ashish Kacholia, with participation from Alchemy Fund. This comes at a time when the company has achieved EBIDTA profitability in FY26 and is looking to go for an IPO.
With the acquistion, the company has expanded its portfolio and will have three brands including ,Wingreens Farms, Raw Pressery, and Safe Harvest.
“The transaction comes at a strong inflection point for Wingreens Group, which has achieved EBITDA profitability in FY26. With a strengthened portfolio of category-leading brands and fresh growth capital, the company is now positioned for accelerated expansion over the next two years, with a vision toward a public listing,” the statement added.
The newly raised Series D capital will support product portfolio expansion, distribution growth, supply chain integration, and continued investments in innovation and farmer partnerships.
Safe Harvest product portfolio includes cereals, grains, pulses, millets, flours, whole spices, cold-pressed oils, natural sugars, honey among others. It works with over 100,000 farmers, mostly women, organized into Self Help Groups (SHGs) and Farmer Producer Organizations (FPOs), helping build sustainable rural livelihoods while making pesticide-free food accessible to Indian consumers.
Safe Harvest has been a pioneer in India’s pesticide-free food movement, creating the country’s most rigorous quality assurance systems through 100% batch-wise pesticide testing and certification across its product portfolio which includes cereals, grains, pulses, millets, flours, whole spices, cold-pressed oils, natural sugars, honey etc.
Anju C Srivastava, Founder and CEO of Wingreens, said,” Safe Harvest’s purpose, farmer-first philosophy, and commitment to transparency are deeply aligned with the values on which Wingreens was founded. Together we will work towards empowering farmers, restoring the land, taking factories back to the farm, providing rural employment, and building, safer, healthier food systems for consumers.”
Rangu Rao, Safe Harvest Founder C CEO, added,“Safe Harvest was founded by smallholder farmer organizations to support nature-positive farming and provide genuine pesticide-free food to consumers. Joining hands with Wingreens allows us to scale this mission significantly faster while staying true to our women farmer-centric approach.”
Over the years, Wingreens has built a differentiated portfolio across dips, sauces, snacks, juices and better-for-you beverages. The addition of Safe Harvest further strengthens the group’s presence in the rapidly growing clean-label and pesticide-free foods category.
Together, Wingreens Farms, Raw Pressery, and Safe Harvest aim to build one of India’s most trusted food and beverage platforms rooted in health, transparency, sustainability, and inclusive growth.
Excelserve Consulting and S Dayma C Co were the sole advisors and bankers to the parties involved in the entire transaction.