Wingreens World buys Safe Harvest in share-swap, raises ₹120 cr Series D; eyes IPO in 2 years
Wingreens World acquired 100% of Bengaluru-based Safe Harvest via share-swap — its fifth buyout — alongside a ₹120 cr Series D led by Ashish Kacholia and Alchemy. Turned EBITDA-positive in FY26 with revenue of ₹362 cr (vs ₹289 cr FY25), narrowing losses from ₹180 cr FY23. Total capital raised: ₹556 cr.
Wingreens World acquired 100% of Bengaluru-based Safe Harvest via share-swap, its fifth buyout, alongside a ₹120 crore Series D led by Ashish Kacholia with Alchemy Fund. Turned EBITDA profitable in FY26; revenue ₹362 crore; targeting IPO in two years.