Otipy, a farm-to-fork company, has raised $2 million in venture obligation from Nuvama Asset Management Limited. This raise comes ahead of its $10 million equity round

Otipy will utilize these stores for common corporate purposes.

Otipy works a farm-to-fork conveyance show by securing specifically from agriculturists and conveying new deliver to shoppers each morning. As of now, it works in Delhi-NCR and Mumbai, with plans to launch in Hyderabad, Bengaluru, and Chennai.

The Varun Khurana-led company has raised $46 million to date, counting its $32 million Arrangement B circular driven by Westbridge Capital in 2022. Agreeing to the startup information insights stage TheKredible, SIG Global is the biggest outside stakeholder in the firm, taken after by WestBridge Capital.

As of late, Otipy presented electric carts in Gurugram as portion of a pilot extend to sell fruits and vegetables offline. The firm plans to organize the pushcarts through an establishment show and grow its administrations to other cities, counting Mumbai.

For the financial year finishing in March 2024 (FY24), Otipy claims to enlist Rs 175 crore in topline