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EvolveX Accelerator, a startup accelerator spearheaded by a global community of successful founders and strategic angels, We Founder Circle (WFC), has announced its recent investment in UcliQ, a B2B Marketplace for Chicken and Seafood in its second cohort.
The Rs 70 lakh angel round also saw participation from Vamsi Udayagiri, Founder of HESA.
According to the company's statement, The raised capital would be used towards expansion and reaching 20,000-25,000 businesses across Delhi/NCR, Bangalore, and Hyderabad in the next 12 months. It also aims to achieve an estimated revenue of Rs 15 crore.
Founded in 2019 by Sameer Malik, UcliQ said it connects buyers and sellers, including HoReCa, manufacturers, wholesalers, brands, and other businesses.
The platform offers logistics and supply chain facilities to meat suppliers while addressing the issues of food wastage in poultry, mutton, fishery, seafood, live chicken birds and ready-to-go categories.
Bhawna Bhatnagar, Co-Founder of EvolveX, said, “Having closely evaluated UcliQ’s potential, we are confident by their unique approach to reshaping the B2B meat supply chain in India. The dedication and vision of the UcliQ team have been evident throughout our interactions, and I have no doubt that UcliQ will thrive and leave a lasting impression on the meat industry, benefiting both buyers and sellers alike. I look forward to seeing UcliQ’s continued growth and success in the market.”
Sameer Malik said, “I am profoundly grateful for the unwavering support and confidence shown by We Founder Circle and EvolveX Accelerator and our valued investors. Securing around INR 7 Million in funding is a testament to the dedication and hard work of our exceptional team. With this capital infusion, we are poised to accelerate our growth and elevate our innovative ideas to the next level. We are committed to revolutionizing the B2B meat supply chain, bridging gaps, and fostering transparency through a standardized marketplace. Our vision is to create a seamless and sustainable platform that positively impacts the meat industry while empowering businesses. We are excited about the future of UcliQ and remain steadfast in our mission to transform the landscape of B2B meat trading.”
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