EvolveX Accelerator Backs UcliQ
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 is 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 by providing an easy, transparent, and secure
digital platform that connects buyers and sellers, including HoReCa,
manufacturers, wholesalers, brands, and other businesses. The platform offers
seamless logistics and leaves digital footprints, paving the way for reliable,
standardized, and high-speed supply chains while addressing inefficiencies and
reducing food wastage in the poultry, mutton, fish, seafood, live chicken
birds, and ready-to-eat categories.
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, brings a wealth of experience to the table, having completed his B.Com
(Hons) from Delhi University followed by an MBA in Finance and Marketing. His
familiarity with the B2B industry and the hospitality sector, along with his
experience in startups and social work, adds value to UcliQ’s mission.
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.
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