B2B Seafood And Chicken Marketplace UcliQ Raises Fresh Funding
UcliQ, a B2B marketplace for chicken and seafood, has raised Rs 70 lakhs from EvolveX Accelerator, a startup accelerator from We Founder Circle (WFC). The funding round also saw participation from angel investors like Vamsi Udayagiri, founder of HESA.
As per the startup, the freshly raised funds will be used to expand its reach and impact. The B2B firm is targeting to reach about 20-25,000 businesses across Delhi NCR, Bengaluru, and Hyderabad in the next 12 months.
Ucliq | Digital Mandi For Seafood And Chicken
Founded by Sameer Malik, UcliQ is a B2B marketplace that connects buyers and sellers, including hotels, restaurants, cafes, manufacturers, wholesalers, brands, and other businesses, operating in the meat industry.
The company’s vision is to create a seamless and sustainable digital mandi (marketplace) that positively impacts the meat supply chain while empowering businesses.
Speaking about the development, Sameer Malik, Founder of UcliQ, said,
“With this capital infusion, we are poised to accelerate our growth and elevate our innovative ideas to the next level. We are committed to revolutionizing the B2B meat supply chain, bridging gaps, and fostering transparency through a standardized marketplace.”
The firm provides logistics and supply chain facilities to meat suppliers while addressing the issues of food wastage in poultry, mutton, live chicken birds, fishery, seafood, and ready-to-go categories.
It brings innovation, technology, and the power of the internet on the same platform, making the ecosystem of the supply chain more customer-friendly than ever before.
Commenting on the development, Bhawna Bhatnagar, Co-Founder of EvolveX, said,
“Having closely evaluated UcliQ’s potential, we are confident by their unique approach to reshaping the B2B meat supply chain in India. The dedication and vision of the UcliQ team have been evident throughout our interactions, and I have no doubt that UcliQ will thrive and leave a lasting impression on the meat industry, benefiting both buyers and sellers alike. I look forward to seeing UcliQ’s continued growth and success in the market.”
Founded by We Founder Circle, which is a group of global angel investors that invests in startups at early stages, The EvolveX Accelerator enables early-revenue startups to accelerate their operations. The accelerator also provides mentorship to entrepreneurs, upfront funding of $20,000k, and $200,000 worth of credits.
Note: If you are a budding entrepreneur and require assistance to register a Pvt Ltd Company, register a company, create financial projections, business development, LLP Registration, compliance filing, funding formalities, debt funding, CFO Services, or other startup related legal services, contact us.