Analysis · Commerce & Consumer Brands

TenderCuts raises $2 million debt from Lakme Finance

By Startup Enthusiast · 12 August 2026

What they do

TenderCuts sells fresh meat and seafood through neighbourhood stores, app, website and quick-commerce

It raised $2 million in debt from Lakme Finance for working capital and measured expansion

The company was EBITDA positive at store and consolidated levels before this debt raise

TenderCuts is a fresh meat and seafood retail company operating through an omnichannel model.
It raised $2 million in debt from Lakme Finance.
The debt will be used for working capital and measured expansion.
The company was EBITDA positive at both store and consolidated levels before this debt raise.
TenderCuts focuses on safe, reliable and affordable protein with transparency in sourcing, processing, cold-chain and retail.
Its differentiators include neighbourhood retail, digital convenience and an operating model for affordability.

The debt raise signals that TenderCuts is scaling with a capital-efficient approach after reaching operational profitability.
The company has raised equity and debt in multiple tranches since its initial capital base of approximately ₹3.5 crore.
Technology connects demand signals, sourcing, shelf-life, workflows and traceability across its operations.

TenderCuts sells fresh meat and seafood through neighbourhood stores, an app, a website and quick-commerce platforms.
Its focus is on safe, reliable and affordable protein with transparency in sourcing, processing, cold-chain and retail.
The company differentiates itself through neighbourhood retail, digital convenience and an operating model for affordability.
Technology plays a key role in connecting demand signals, sourcing, shelf-life, workflows and traceability.
The company was EBITDA positive at both store and consolidated levels before the debt raise.

Lakme Finance (lender) — Lakme Finance provided $2 million in debt to TenderCuts.