Zappfresh, an online meat delivery platform, has acquired Bonsaro, a Mumbai-based company specializing in the online delivery of poultry, goat, and seafood, to strengthen its foothold in West India. This acquisition includes the full takeover of Bonsaro’s business operations and assets, allowing Zappfresh to expand its regional presence.
According to media reports, Zappfresh plans to invest in and build upon Bonsaro’s existing operations over the next six months, with a focus on enhancing the customer experience and broadening its product offerings. The company also intends to expand into new markets within the region, including Navi Mumbai, Pune, and other nearby towns, within the next year.
For the fiscal year ending in March 2023, Zappfresh reported a revenue of Rs 56 crore and a profit of Rs 11 crore. The company has yet to release its financial results for FY24 but is reportedly considering an IPO in the near future
