Mumbai-based JustDeliveries said it aims to deepen its logistics network across regions including Bengaluru, Mumbai, Pune and the national capital region. It will also launch operations in Hyderabad.
TenderCuts raises ₹110 crore
February 08, 2021
Funding for omnichannel meat and seafood brand led by Paragon Partners, with participation from NABVENTURES City-based TenderCuts, an omnichannel meat and seafood brand, has raised ₹110 crore ($15 million) in a round led by Paragon Partners, a mid-market PE fund, with participation from NABVENTURES, an 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 funds will also allow the company to invest in scaling up its supply chain and technology infrastructure to support innovation and accessibility of its products and services, says a company press release.
Fintech to farming: Why Amit Sinha quit Paytm to build an agritech startup, backed by VSS, NABARD
In 2019, Paytm Mall’s former COO Amit Sinha founded Unnati, a fintech-powered agritech startup. It is backed by NABARD’s venture capital arm, Vijay Shekhar Sharma, and other members of the ‘Paytm mafia’.
0 claps
Amit Sinha’s LinkedIn bio reads:
“I have been deeply involved in building 2 large unicorns in India (Paytm and Paytm Mall).”
Over two stints across 12 years at the fintech decacorn, Amit served as its CFO, Head of HR, COO of Paytm Mall, and Business Head for Paytm Insurance. Then, in 2019, he launched his own agritech startup