The Meat Chop Raises INR 7 Crore In Seed Funding
Summary
Opinions expressed by Entrepreneur contributors are their own.Local butcher stores sourcing and tech enabling startup The Meat Chop (TMC) has raised INR 7 crore in Seed funding from Mohan K (co-founder, IppoPay), Ankur Agarwal (co-founder, Dunzo), Meenakshi Sundaram, Jaikumar R (co-founder, IppoPay), Rahul Mahipal (founder, Capitar Ventures), Omar Bin Brek (founder and CEO, Foloosi a UAE based FinTech), Amith DSouza Google, and other global angel investors. The fund raised will be utilised for expansion, building a strong team and brand, enhancing technology and supply chain infrastructure. "Our goal is to create a platform to fix the information asymmetry in supply and demand that has plagued this market for a very long time. Powered by its data-driven and technology-backed systems, TMC enables local butcher shops to offer superior customer experience and effectively compete with large retail chains through in-store and online sales, as per the companys statement. "TMC is bringing the benefits enjoyed by organised players to the local butcher shops including quality sourcing, tech stack, data analytics and last mile delivery.
Funding
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