Agritech Startup Otipy Raises $32 Million In Funding Led By Westbridge Capital
03/07/22, 6:16 AM
Location
mumbaiMoney raised
$32 million
Mumbai: Agritech startup Otipy (operated by Crofarm Agriproducts) on Monday said that it has raised $32 million (about Rs 235 crore) in funding led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round.
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.