TenderCuts Overview
- Year Founded
-
2015

- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
TenderCuts General Information
Description
Developer of an online seafood delivery portal designed to offer fresh meat and fish. The company's platform offers antibiotic-free, hygienic, and farm fresh chicken, free-range goat, freshly cut meat, and other products such as marinades, lamb, and prawns among others, helping consumers to get them delivered to their doorstep.
Contact Information
Website
www.tendercuts.in(Operating Subsidiary)
Corporate Office
- Number 2, 4th Cross,1st Main Road
- S.V.S Nagar, Valsarvakkam
- Chennai, Tamil Nadu 600087
- India
Corporate Office
- Number 2, 4th Cross,1st Main Road
- S.V.S Nagar, Valsarvakkam
- Chennai, Tamil Nadu 600087
- India
TenderCuts Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Merger/Acquisition | 02-Sep-2023 | Completed | Generating Revenue | |||
6. Later Stage VC (Series A) | 01-Apr-2022 | Completed | Generating Revenue | |||
5. Later Stage VC | 26-Feb-2022 | Completed | Generating Revenue | |||
4. Angel (individual) | 29-Jan-2021 | Completed | Startup | |||
3. Angel (individual) | 16-May-2019 | Completed | Startup | |||
2. Angel (individual) | 09-Mar-2018 | $723K | $1.18M | Completed | Startup | |
1. Capitalization | 06-Oct-2015 | $454K | $454K | Completed | Startup |
TenderCuts Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preferance Shares | ||||||||
Preferance Shares | ||||||||
Preferance Shares | ||||||||
Ordinary Shares | ||||||||
Preferance Shares | ||||||||
Ordinary Shares | ||||||||
Ordinary Shares | ||||||||
Ordinary Shares | ||||||||
Ordinary Shares | 2,018 | $0.131213 | $812.77 | $812.77 | 1x | $812.77 | 11.59% | |
Ordinary Shares | 1,756 | $0.131213 | $934.03 | $934.03 | 1x | $934.03 | 10.09% |
TenderCuts Comparisons
Industry
Financing
Details
TenderCuts Competitors (4)
One of TenderCuts’s 4 competitors is Fipola, a Formerly VC-backed company based in Chennai, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Fipola | Formerly VC-backed | Chennai, India | ||||
FreshToHome | Venture Capital-Backed | Bangalore, India | ||||
ZappFresh | Venture Capital-Backed | New Delhi, India | ||||
Licious | Venture Capital-Backed | Bangalore, India |
TenderCuts Former Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
BeyondTeq | Venture Capital | Minority | ||
NABVENTURES | Venture Capital | Minority | ||
Paragon Partners (Mumbai) | Growth/Expansion | Minority | ||
Stride Ventures | Lender/Debt Provider | Minority | ||
Angel (individual) | Minority |
TenderCuts FAQs
-
When was TenderCuts founded?
TenderCuts was founded in 2015.
-
Where is TenderCuts headquartered?
TenderCuts is headquartered in Chennai, India.
-
What industry is TenderCuts in?
TenderCuts’s primary industry is Food Products.
-
Is TenderCuts a private or public company?
TenderCuts is a Private company.
-
What is TenderCuts’s current revenue?
The current revenue for TenderCuts is
. -
How much funding has TenderCuts raised over time?
TenderCuts has raised $31.2M.
-
Who are TenderCuts’s investors?
BeyondTeq, NABVENTURES, Paragon Partners (Mumbai), Stride Ventures, and have invested in TenderCuts.
-
Who are TenderCuts’s competitors?
Fipola, FreshToHome, ZappFresh, and Licious are competitors of TenderCuts.
-
When was TenderCuts acquired?
TenderCuts was acquired on 02-Sep-2023.
-
Who acquired TenderCuts?
TenderCuts was acquired by Good To Go (Food Products).
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