highlights
This is a Mumbai company which was started in 2018.
This company was founded by 2 people.
Later Morea joined as investor and co-founder.
New Delhi, Dino Morea, who proved his acting prowess in films like Raaz and Aksar, suddenly disappeared from Bollywood. Many of his films did not do very well and he stayed away from acting for some time. The 48-year-old actor was again seen in a web series The Empire in 2021, but this time too he did not get any special praise. Dino Morea may not have been able to make his mark in Bollywood, but he seems ready to leave his mark in the field of startups. Dino is also known for his fitness. Very few people would know that he is the co-founder of a fitness related startup. The name of his company is The Fresh Press.
This company sells cold press juice. When juice is extracted by putting fruits in a hydraulic machine without heat or oxygen, it is called cold press juice. This is a very slow process but in the juice extracted in this way, the vitamins, minerals and enzymes remain almost completely in the juice. This means that almost 100 percent pure juice can be extracted from it.
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Company started in 2018
This is a Mumbai company which was started in 2018. The original co-founders of The Fresh Press were Mithil Lodha and Rahul Jain and later Dino Morea joined the company as an investor and co-founder. Today this company has 36 stores across the country. The company has also strategically partnered with PVR, Inox and Reliance. The startup has also received funding from Gruhas Collective Consumer. Gruhas is the company of Nikhil Kamat. Nikhil Kamat is the co-founder of brokerage platform Zerodha.
What is your next plan?
It is believed that by 2030 the global cold press juice market will be worth $1.5 billion. This will be approximately Rs 12000 crore in Indian rupees. But not many people are working in this field right now. Its market in India is growing at the rate of 25 percent. In such a situation, this could be a good opportunity for Fresh Press to make its name. The company says that it will further expand the market in Hyderabad, Bengaluru and Chennai. Apart from this, the company wants to increase its coverage in Gujarat, Rajasthan and Delhi. The company aims to open 1000 quick service restaurants.
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Tags: business news in hindi, Indian startups, New entrepreneurs
FIRST PUBLISHED: April 11, 2024, 15:44 IST