Otipy, A Social Commerce Platform, Gets $10.2 Million From Sig
07/19/21, 12:30 AM
Location
Money raised
$10.2 million
Mumbai: Otipy, a social commerce platform for fresh produce, has raised $10.2 million (Rs 76 crore) in a Series A funding round led by SIG, which has backed Inshorts and Mobile Premier League in India.
Company Info
Location
mumbai, maharashtra, india
Additional Info
Founded in 2020, the company procures fresh produce from its network of farmers across the country and delivers it to consumers in less than 12 hours, the company claims. Otipy has 5,000 community leaders who, according to Khuarana, can make up to a lakh selling groceries on the platform.