Captain Fresh, a Bengaluru-based B2B seafood start-up, has raised Rs 100 crore from Motilal Oswal Wealth Limited. The funding is part of the pre-IPO round.

The funding comes 10 months after the completion of a $48 million round of funding led by Japan's SBI Investment, Evolvence Capital, UK's British International Investment and Nekanti Seafoods Group.

After this investment, Motilal Oswal will hold 2.26% stake in Captain Fresh. According to The Credible, a startup data intelligence platform, the company is valued at around Rs 4,424 crore after the share issue

Captain Fresh was founded five years ago. Their product line includes more than 100 varieties of fish and seafood imported from many countries and sold to more than 30 countries. Captain Fresh also has offices in India, the US, Dubai, Paris, Oslo, Amsterdam and Madrid.