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Meat brand TenderCuts raises $15 mn from Paragon Partners, Nabard VC

TenderCuts, an omnichannel meat and seafood brand, has raised Rs 110 crore ($15 million) in a round led by Paragon Partners, a mid-market PE fund founded by Siddharth Parekh and Sumeet Nindrajog with participation from NABVENTURES, a agri-food tech VC fund backed by NABARD. The funding will allow TenderCuts to expand its current operations and pursue organic and inorganic growth opportunities. The company will also be able to scale up its supply chain and technology infrastructure to support innovation and accessibility of its products and services. Founded in 2016 by Nishanth Chandran, TenderCuts provides freshly cut meat and seafood to customers through its neighbourhood stores, which cater to both walk-in customers and online shoppers.

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