COMPANY PROFILE

Tendercuts

Fresh, locally-sourced meat delivered to your door, with a vast catalog of meat products, including ready-to-cook items, and a focus on maintaining meat freshness with vacuum-sealed bags

Chennai, IndiaFounded 2016eCommerce & Marketplaces

Valuation $50–100M Last recorded · 2021

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About Tendercuts

In 2016, Nishanth Chandran founded TenderCuts with a vision to transform the meat and seafood retail industry in India. The company, based in Chennai, aimed to provide fresh, hygienic, and high-quality meat products directly to consumers through an omnichannel approach.

Over the years, TenderCuts expanded its operations, focusing on both online and offline retail channels to reach a broader customer base. The company's commitment to quality and customer satisfaction quickly earned it a loyal following.

A significant milestone in TenderCuts' journey came in February 2021, when the company raised Rs 110 crore (approximately USD 15 million) in a funding round led by Paragon Partners. This infusion of capital was pivotal for TenderCuts, enabling it to scale its operations and enhance its technological infrastructure.

In October 2021, TenderCuts made headlines again by elevating three long-term employees—Sasikumar Kallanai, Varun Prasad Chandran, and Venkkatesan R—to the position of co-founders. This move was part of a strategic effort to strengthen the company's leadership team as it prepared for further expansion.

Today, TenderCuts stands as a leader in the Indian meat retail market, known for its innovative approach and dedication to quality. The company's journey reflects a successful blend of entrepreneurship, strategic growth, and a commitment to revolutionizing the way meat and seafood are consumed in India.

MoreLess Source: Dealroom company data

At a glance

Status: Acquired
Founded: 2016
Headquarters: Chennai, India
Employees: 272
Open positions: None listed
Dealroom signal: 70.2/100
Industry: Food
Sector: eCommerce & Marketplaces
Business model: Marketplace & ecommerce
Client focus: b2c
Links: Website LinkedIn X

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
DEBT✓Debt	Apr 2026	$2M	—	Lakme Finance	↗
ACQUISITION✓Exit	Sep 2023	$0	—	Good To Go Foodworks	↗

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Growth signals

Tendercuts website traffic

Latest recorded traffic for Tendercuts is 66K monthly website visits, up 46.7% over the last three months. Tendercuts's team grew 5.8% over the past year.

Latest monthly visits66K 3-month web change+46.7% 1-year team growth+5.8%

Monthly website visitsNov 2020–Jul 2026

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