UcliQ now sets its sights on reaching 20,000-25,000 businesses across Delhi/NCR, Bangalore, and Hyderabad in the next 12 months
EvolveX Accelerator, a startup accelerator spearheaded by a global community of successful founders & strategic angels, We Founder Circle (WFC), has announced its recent investment in the innovative startup, UcliQ – India’s 1st B2B Marketplace for Chicken & Seafood. UcliQ emerged as a notable startup from EvolveX’s Cohort 2.
This angel investment round, led by EvolveX, also saw participation from Vamsi Udayagiri, Founder of HESA. With a total fund raise of approximately INR 7 Million, UcliQ geared to expand its reach and impact. Having initially targeted around 1200-1400 HoReCa businesses in Delhi/NCR, UcliQ now sets its sights on reaching 20,000-25,000 businesses across Delhi/NCR, Bangalore, and Hyderabad in the next 12 months, aiming to achieve an estimated revenue of INR 150 Million.
UcliQ aims to revolutionize India’s meat supply chains. It provides an easy, transparent, and secure digital platform connecting buyers and sellers. The platform includes HoReCa, manufacturers, wholesalers, brands, and other businesses. UcliQ offers seamless logistics and leaves digital footprints. This paves the way for reliable, standardized, and high-speed supply chains. It addresses inefficiencies and reduces food wastage in various categories, such as poultry, mutton, fish, seafood, live chicken birds, and ready-to-eat items.
Bhawna Bhatnagar, Co-Founder of EvolveX
Commenting on the investment, Bhawna Bhatnagar, Co-Founder of EvolveX, stated, “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.”
UcliQ’s Founder, Sameer Malik, has a wealth of experience. He completed B.Com (Hons) at Delhi University, followed by an MBA in Finance and Marketing. Sameer is familiar with the B2B industry and hospitality sector. His startup and social work experience adds value to UcliQ’s mission.
Sameer Malik, Founder of UcliQ
Speaking about the investment secured and future plans, Sameer Malik, Founder of UcliQ, shared, “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.”
EvolveX Accelerator continues to play a pivotal role in fostering innovation and supporting promising startups in their journey to success. The accelerator’s investment in UcliQ reinforces its commitment to nurturing disruptive ideas that have the potential to transform industries and address critical challenges.
About EvolveX Accelerator
The EvolveX Accelerator, founded by We Founder Circle, provides high-impact acceleration to early-revenue startups from various sectors since 2021. EvolveX offers a prestigious program with seasoned mentors and successful entrepreneurs guiding startups to the next level. Startups receive benefits like one-on-one mentorship with angel investors and industry experts, upfront funding of $20K, and $200K worth of credits.
EvolveX commits to providing a continuous opportunity for startups, and applications that accepts on a rolling basis. To know more, visit: https://www.evolvexaccelerator.com/
About We Founder Circle
We Founder Circle, established in 2020 in Mumbai, is a global community of successful founders and strategic angels. It invests USD 50K- USD 2Mn in ambitious and sustainable early-stage start-ups. WFC offers seed funding, business development, and global networking opportunities to ensure scalability and stability. It facilitated investments worth USD 12 mn across 33 start-up deals in 2021 and has invested in 70+ startups since inception. To know more, visit: https://www.wefoundercircle.com/
About UcliQ
UcliQ is making the meat & protein business easier in India with B2B Commerce Platform. It empowers the Small Businesses (SMBs) sectors. Their key focus is on technology and supply chain innovation that aims to empower small businesses. They connect Producers/Manufacturers, Traders with Retailers & Businesses. They want to bring innovation, technology, and the power of the internet on the same platform which makes the ecosystem of the supply chain more customer-friendly than ever. To Know more, visit: https://ucliq.in/index.html
The post EvolveX Accelerator Backs UcliQ – India’s First B2B Marketplace for Chicken & Seafood in its 2nd Cohort with approx. INR 7 Million in Angel Round appeared first on StartupNews.fyi.
