UcliQ, a B2B marketplace that specializes in chicken and seafood, has secured a significant investment of $7 million from EvolveX, a startup accelerator supported by We Founder Circle. UcliQ, a member of EvolveX’s second cohort, aims to utilize these funds for extending its operational footprint and targeting 20,000-25,000 businesses across Delhi/NCR, Bengaluru, and Hyderabad over the next year. The ultimate objective is to achieve an annual revenue of Rs 15 crore.

Several investors participated in this angel investment round, including Vamsi Udayagiri, the founder of HESA. UcliQ’s primary focus lies in bridging gaps within the meat supply chain, particularly in categories such as poultry, mutton, fishery, seafood, live chicken birds, and ready-to-go products, thereby minimizing food wastage. Through the application of digital technologies and innovative supply chain solutions, UcliQ effectively connects meat producers and manufacturers with retailers and businesses in the industry.

Sameer Malik, Founder of UcliQ, said, “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, founded by We Founder Circle, plays a crucial role in advancing early-revenue startups by providing mentorship, upfront funding of $20,000, and credits worth $200,000. Bhawna Bhatnagar, Co-Founder of EvolveX, expressed confidence in UcliQ’s innovative approach to reshaping India’s B2B meat supply chain. The investment underscores UcliQ’s potential to create a lasting impact in the meat industry, benefiting both buyers and sellers.

We Founder Circle, a group of global angel investors, focuses on investing in early-stage startups ranging from $50,000 to $2 million. The collective has already invested over $12 million in 33 startups in 2021 alone and has supported more than 70 startups since its inception.