India, March 4 -- Accel-backed B2B seafood startup Captain Fresh has completed the acquisition of Spanish tuna producer Frime, two months after withdrawing its IPO papers over delays linked to the same deal.

In a statement, Captain Fresh said it has closed the acquisition of Frime S.A.U., Spain's largest sustainable yellowfin tuna processor and distributor.

In December last year, Captain Fresh's parent, Infifresh Foods, withdrew its confidential DRHP filed with the Securities and Exchange Board of India (SEBI) for a $400 Mn IPO. The startup paused its listing plans citing delays in securing regulatory approvals for a European acquisition. It said then that it planned to refile its IPO papers in early 2026 after completing the transactio...