Fresh produce e-platform Otipy to raise $ 10 mn in 2021

Social e-commerce platform for fresh produce Otipy is planning to raise $10 mn this year to expand its presence in the country and empower more resellers and further build its business across India, the company said in a statement.
"We have a history and deep understanding of fresh produce that we have leveraged to build a social commerce model that creates earning opportunities for women and stores, helps farmers, and provides fresher, more nutritious produce to consumers at a lesser price," Otipy Founder Varun Khurana said.
According to the company, in the last 8-9 months, a robust platform in the fresh produce category supporting over 2,500 women has been built where a phenomenal response is seen from customers from stores and resellers in Delihi NCR