Funding updates

Meatigo set to raise external funding

Meatigo, an online meat, chicken and ready-to-eat foods delivery startup plans to raise external funding in the new fiscal, following a surge in business as consumers switched from non-branded to branded foods and stayed indoors which resulted in increased in-home cooking.

The four-year-old bootstrapped startup has grown through internal accruals so far.

Meat delivery market of the country is estimated to increase to $60-70 billion by 2023, with organised meat delivery platforms including Meatigo, FreshtoHome, ZappFresh and Licious rapidly expanding their business.

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