Local butcher stores sourcing startup The Meat Chop raised Rs 7 crore in seed from Mohan K and others

November 1, 2022

Share via:

Local butcher stores sourcing startup The Meat Chop raised Rs 7 crore in seed from Mohan K, Meenakshi Sundaram, and Jaikumar R (Co-founders, IppoPay), Ankur Agarwal (Co-founder, Dunzo), Rahul Mahipal (Founder, Capitar Ventures), Omar Bin Brek (Founder and CEO, Foloosi), Amith D’Souza (Google), and other global angel investors.

The Meat Chop manages procurement, marketing, promotions, and merchandising for the butcher stores on its platform through tech systems and a standard operating plan. The funds will be used to expand, improve technology and supply chain infrastructure, and build a strong team and brand for the startup. The platform sees a 50 to 60% increase in sales volume, a 90% reduction in dump, and annual sales of nearly Rs 1.5 crore on average.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

Global insurtech for embedded insurance Cover Genius raised $70 million in Series D led by Dawn Capital

Next News

Healthtech startup Mocero Health raised Rs 1.3 crore in seed led by Inflection Point Ventures

Editorial Team

StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.