The Meat Chop raises Rs 7 Cr from angel investors

Native butcher shops sourcing and tech enabling startup The Meat Chop has secured Rs 7 crore led by Mohan Okay, Ankur Agarwal, Meenakshi Sundaram, Jaikumar R, Rahul Mahipal, Omar Bin Brek, Amith D’Souza and different angel traders.

The proceeds might be deployed for enlargement, constructing workforce and model, and strengthening know-how and provide chain infrastructure, The Meat Chop stated in a press launch.

Based by Appaas, Kalyan, Navas and Yasar in 2021, The Meat Chop manages procurement, advertising, promotions and merchandising for the butcher shops on its platform by means of a tech stack. The platform addresses the unorganised, poor sourcing and unhygienic  shops issues by making a platform that brings collectively the farms, fisherfolks, butcher retailers and finish shopper.

The Meat Chop goals to resolve the low margin low revenue downside confronted by the stakeholders within the crowded worth chain utilizing an built-in tech stack platform.

The Chennai primarily based meat sourcing platform claims to have witnessed a 50% to 60% development in gross sales quantity, decreasing dump by 90%. Licious and FreshToHome are comparatively bigger gamers on this area whereas Zappfresh, Meatwale, TenderCuts, Fipola, Good To Go, Meatigo, Jagfresh and Grubsoul function in choose cities.

Just lately, Patna-based on-line meat supply startup Freshsharp secured seed fund from angel traders.