Investcorp invests in Indian online grocer FreshToHome

Gaurav Sharma
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Updated 16 November 2020
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Investcorp invests in Indian online grocer FreshToHome

Investcorp, a global provider and manager of alternative investment products, has invested in FreshToHome, one of the world’s largest fully integrated online brands in fresh fish and meat, as a part of a $121 million funding round alongside other investors.

Investcorp has been evaluating several potential opportunities that are beneficiaries of the COVID-19-led boost in e-commerce and health and hygiene awareness in India. FreshToHome is a direct beneficiary of shifting demand from fish and meat purchases that have typically been made in the past at wet markets. FreshToHome’s brand promise of “100 Percent Fresh and 0 Percent Chemicals” was a big enabler of its growth during the COVID-19 pandemic.

The online grocer enables sellers to directly source from fishermen and farmers through its state-of-the-art and artificial intelligence-powered supply chain. Such use of technology reduces food waste for suppliers to less than 2 percent versus an estimated 15 percent in traditional unorganized markets.

As estimated by Euromonitor International, the consumer fish and meat segment in India in 2019 was a $94 billion market. FreshToHome has approximately 1.5 million B2C orders per month and an $85 million annualized sales run rate on the platform. The online brand is also expanding its offering in the GCC region, with a presence in all the emirates of the UAE and plans to enter Saudi Arabia in the near term.

Gaurav Sharma, head of private equity at Investcorp India, said: “At Investcorp, we look at companies who redefine the category in which they operate with proven top-line and bottom-line impact. We believe that FreshToHome fits this bill perfectly and is poised to achieve significant scale. We look forward to this partnership and supporting the company in seeking to realize its full potential.”

Shan Kadavil and other co-founders of FreshToHome have a Silicon Valley entrepreneurship background, having in the past been part of leadership teams of companies such as Zynga.

Investcorp’s recent investments in India include: InCred, ASG, Zolo, Citykart, Intergrow Brands, Bewakoof.com and NephroPlus. The focus is on targeting first-generation entrepreneurs who aim to scale up businesses with asset-light models and proven unit economics.


Cyberani achieves major milestone in 2025 MITRE ATT&CK evaluation

Updated 23 December 2025
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Cyberani achieves major milestone in 2025 MITRE ATT&CK evaluation

Cyberani by Aramco Digital, a leading provider of cybersecurity services and solutions, announced a significant achievement in the 2025 MITRE ATT&CK evaluations. The company successfully passed all assigned cybersecurity assessments and scored exceptional marks in detecting seven core attack tactics within the MITRE ATT&CK framework. These include 100 percent in collection tactics, 100 percent in credential access, 100 percent execution of code, 100 percent of data exfiltration, 100 percent lateral movement tactics, 100 percent of persistence activities, and 100 percent recon activities. This accomplishment reflects Cyberani’s strong capabilities in safeguarding the national cyberspace and enhancing its security posture, while reinforcing its position in the global cybersecurity field and demonstrating the advancement of its innovations on an international scale.

Alongside its technical performance in the evaluation, Cyberani was granted a seat on the ATT&CK Evals Participant Advisory Council. This position enables the company to contribute to the development and refinement of future evaluation methodologies, support better alignment between ATT&CK assessments and the needs of regional and global defense ecosystems, and strengthen Saudi Arabia’s role in shaping the future of cybersecurity worldwide.

The MITRE ATT&CK evaluation is an advanced technical assessment designed to simulate real adversary behavior and measure how cybersecurity solutions and threat detection services respond to the tactics, techniques, and procedures used in actual attacks. Through its participation, Cyberani aligned its threat detection capabilities with the ATT&CK framework widely adopted across the global cybersecurity community, providing measurable and transparent insights into system performance under complex and realistic attack scenarios.

Headquartered in Riyadh, Cyberani leverages extensive hands-on experience in protecting industrial environments and critical infrastructure. This expertise enables the company to bring national operational realities into a broader ATT&CK context and support the global community in deepening its understanding of threat detection performance across diverse operating environments.

During the 2025 evaluation, Cyberani’s threat detection capabilities and security monitoring services were tested against a wide range of ATT&CK techniques. The results provided a detailed view of how its detection systems responded to every phase of simulated attack chains, offering clear visibility into coverage areas performing as intended and identifying opportunities for further tuning and enhancement. These insights now fuel Cyberani’s cybersecurity development roadmap and support its ongoing improvement efforts.

Saeed Alsaeed, CEO of Cyberani, said that Cyberani’s participation in the MITRE ATT&CK evaluations and the results achieved in its threat detection capabilities provided the company with a structured and transparent understanding of its performance across complex attack scenarios and enabled it to implement more precise enhancements.

This milestone aligns with Cyberani’s strategy to safeguard regional infrastructure with advanced cyber solutions, fueled by innovation and empowered by world-class Saudi talent.