Business

TenderCuts raises $2mn for expansion

The capital will be deployed towards working capital and expanding operations across core markets,

DTNEXT Bureau

CHENNAI: TenderCuts, India’s omnichannel fresh meat and seafood brand, has raised $2 million through debt from Lakme Finance. 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

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