About TenderCuts
TenderCuts is a company based in Chennai (India) founded in 2016 by Sasikumar Kallanai and Nishanth Chandran was acquired by Good To Go in September 2023. TenderCuts has raised $38.06 million across 9 funding rounds from investors including Capri Loans, Hindustan Composites and Paragon Partners. The company has 1,208 employees as of July 25, 2024. TenderCuts operates in a competitive market with competitors including Zappfresh, FreshToHome, Fipola, Nandus and Meatigo, among others.
- Headquarter Chennai, India
- Employees 1208 as on 25 Jul, 2024
- Founders Sasikumar Kallanai, Nishanth Chandran
- Stage Minicorn
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Sectors
RetailAgriculture
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Phone
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Website
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Social
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- Legal Name Gfm Retail Private Limited
- Date of Incorporation 06 Oct, 2015
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$15.99 M (USD)68.89as on Mar 31, 2022
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Net Profit
-$15.35 M (USD)-316.63as on Mar 31, 2022
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EBITDA
-$14.3 M (USD)-363.18as on Mar 31, 2022
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Total Equity Funding
$38.06 M (USD)
in 9 rounds
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Latest Funding Round
$2 M (USD), Debt – Conventional
Apr 01, 2026
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Investors
Capri Loans
& 39 more
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Employee Count
1208
as on Jul 25, 2024
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Acquired by
Good To Go
(Sep 02, 2023)
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People of TenderCuts
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Funding Insights of TenderCuts
TenderCuts has successfully raised a total of $38.06M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in April 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in TenderCuts
TenderCuts has secured backing from 40 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Capri Loans, Hindustan Composites and Paragon Partners.
| Investor | Description | Founded Year | Domain | Location |
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A leading Indian mid-market private equity firm is operated.
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Investment management for agriculture, food, and rural ventures in India.
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Venture debt is provided to growth-stage companies for business scaling.
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Investor details for TenderCuts
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Investments & Acquisitions by TenderCuts
Investment portfolio details for TenderCuts
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Financial Statements - TenderCuts
Detailed financials for TenderCuts
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Tendercuts Comparisons
Peer comparison for TenderCuts
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Competitors of TenderCuts
TenderCuts operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zappfresh, FreshToHome, Fipola, Nandus and Meatigo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform offering multi-category meat and seafood products
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Meat and poultry products are retailed online by FreshToHome.
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Processor and retailer of meat products
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Operates an e-commerce store specializing in meat and poultry products.
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Meat and meat products are offered via a B2C platform.
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Detailed competitors of TenderCuts
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Latest news on Tendercuts
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Frequently Asked Questions about TenderCuts
TenderCuts was founded in 2016 and raised its 1st funding round 1 year after it was founded.
TenderCuts is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Nishanth Chandran is the current CEO of TenderCuts. They have also founded this company.
TenderCuts is a funded company, having raised a total of $38.06M across 9 funding rounds to date.
As of Jul 25, 2024, the latest employee count at TenderCuts is 1,208.
Annual revenue of TenderCuts is $15.99M as on Mar 31, 2022.
Online app-based retailer for meat and poultry products. Its platform offers different poultry products like chicken cubes, chicken breasts, and eggs, mutton products like lamb meat, goat meat, mutton shoulder, rib chops, and curry cuts. Its platform also offers aquaculture and seafood products like crabs, salmon, and dry fish. Its mobile application is available for Android and iOS platforms.
TenderCuts's top competitors include FreshToHome, Fipola and Zappfresh.
TenderCuts has 40 investors. Key investors include Capri Loans, Hindustan Composites, Paragon Partners, IndigoEdge, and GoodToGo.
The valuation of TenderCuts is $109.85M as of Apr 2022.