232: He built a $1.5B seafood empire from India that nobody knows about | Utham Gowda -Captain Fresh
Most people have never heard of Captain Fresh.
In 2020, Utham Gowda walked into Z47's office with one belief: take a shrimp from Chennai to New York, and it's a very profitable business. Nobody believed him. He built it anyway.
Five years later: ₹10,000 Cr in revenue. ₹550 Cr EBITDA (annualised Q4 FY26). Distribution across 15 of the top 20 European retailers. One-third of the white-cloth restaurant market in the US. Three oceans, six countries, ten acquisitions — zero leverage, 100% management rollover on every deal.
And by Utham's own accounting, another ₹600-700 Cr of EBITDA still on the…
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