Otipy

company

About

Otipy offers fresh fruits and vegetables sourced directly from farms.

  • 251 - 500

Details

Last Funding Type
Seed
Last Funding Money Raised
$1M
Industries
AgTech,Artificial Intelligence,E-Commerce,Food and Beverage
Founded date
Jan 1, 2020
Number Of Employee
251 - 500
Operating Status
Active

Otipy is an emerging Indian startup and the social commerce venture of farm-to-fork agri-tech startup Crofarm. The platform aims to connect farmers directly to their customers through online channels and vice versa. The goal of the platform is to provide fresh produce directly from the farm, using something called demand harvesting. By using AI-based demand prediction tools, the platform collects historical data to predict the demand for products. This is then used to procure just the right amount of produce, facilitating on-demand harvesting, and thereby ensuring delivery of fresh produce on the same day. Moreover, this also precludes the wastage of food items.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$11.20M
Otipy has raised a total of $11.20M in funding over 2 rounds. Their latest funding was raised on Jul 19, 2021 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 19, 2021 Series A $10.20M 2 Detail
Aug 24, 2020 Seed $1M 1 Inflection Point Ventures Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Otipy is funded by 2 investors. Inflection Point Ventures and InnoVen Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Inflection Point Ventures Series A
InnoVen Capital Series A