The raise follows the company’s transition to profitability, making TenderCuts the first organised player in the fresh meat and seafood category in India to achieve positive EBITDA at both the store and consolidated levels. The capital will be deployed towards working capital and expanding operations across core markets, while maintaining a continued focus on operational discipline. Founded on an omnichannel model that integrates neighbourhood retail with digital convenience, TenderCuts has, from its inception, focused on building a structured and scalable fresh meat and seafood ecosystem. The current fund raise comes at a pivotal point in the company’s journey, following its transition to profitability and the successful execution of a comprehensive turnaround plan, said a release.The raise follows the company’s transition to profitability, making TenderCuts the first organised player in the fresh meat and seafood category in India to achieve positive EBITDA at both the store and consolidated levels. The capital will be deployed towards working capital and expanding operations across core markets, while maintaining a continued focus on operational discipline. Founded on an omnichannel model that integrates neighbourhood retail with digital convenience, TenderCuts has, from its inception, focused on building a structured and scalable fresh meat and seafood ecosystem. The current fund raise comes at a pivotal point in the company’s journey, following its transition to profitability and the successful execution of a comprehensive turnaround plan, said a release.
TenderCuts raises $2 million on achieving profitability
