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Agritech startup Otipy raises $32M in Series B led by Westbridge Capital

8th March 2022
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Image credit: YourStory

Agritech startup Otipy will use the fund to expand to new regions, strengthen its supply chain, invest in cutting edge tech, add product categories, and accelerate its mission of making fresh nutritious food accessible to all.

Agritech startup Otipy on Monday said it raised $32 million (Rs 235 crore) in a Series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round, the startup said in a statement.

The Series B funding comes in six months after the Gurugram-based startup raised $10.2 million (Rs 76 crore) in its Series A round.

Founded by Varun Khurana and Prashant Jain in 2020, Otipy, a community-based platform, connects consumers, resellers, and farmers to bring fresh produce to their doorstep.

To know more, read the full article here.