Agritech startup Otipy raises $10-M Series A from SIG, Omidyar, Innoven, IPV, others
Gurugram-based Otipy, the social commerce venture of farm-to-fork agritech startup Crofarm, has raised USD 10.2 million in a Series A round led by Susquehanna International Group (SIG). The round also saw participation from Omidyar Network India, Innoven Capital, and existing investors IPV (Inflection Point Ventures), Pravega and FactorE. Founded in 2020, Otipy procures directly from farmers and delivers the produce to consumers in less than 12 hours. It had earlier raised USD 2 million in 2020 led by IPV.
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