Fresh commerce startup Handpickd has raised Rs 125 crore in a Series A funding round led by Bertelsmann India Investments, with participation from Titan Capital Winners Fund and existing investors. The capital will be used to expand service reach, strengthen supply chain technology, and scale hiring.
Founded in 2024 by Anant Goel, Nitin Gupta, and Sahil Madan, the company operates on a zero-stock model. Customer orders are collected first, the required quantity is sourced directly from farmers, and delivery is completed within 6–7 hours. By eliminating warehouses, cold storage, and dark stores, the model reduces inefficiencies and cuts wastage in perishable goods handling.
India’s fresh fruits and vegetables market, valued at $80 billion within the $600 billion grocery sector, continues to face trust and quality concerns in online adoption. Handpickd aims to bridge this gap by offering customization beyond standard options, allowing buyers to choose produce based on factors like ripeness, sweetness, crunch, or pesticide-free attributes.
The company’s approach has attracted investor interest for its focus on personalization, quality, and supply chain efficiency. Customer retention and repeat orders have emerged as strong metrics, strengthening its positioning in a competitive grocery delivery space.
Handpickd has also integrated sustainable practices into its operations. Deliveries are made in open, returnable trays instead of plastic packaging, and customers can order in precise quantities rather than fixed pack sizes. This reduces packaging waste, prevents surplus buying, and supports environmentally conscious retail.
With fresh capital, a demand-driven supply chain, and a sustainability-first approach, Handpickd is positioning itself as a differentiated player in India’s fast-growing online grocery landscape.
