Key Metrics
  • No. of Employees207
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹356.04 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Otipy

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.

Business Model

Otipy is a community group buying platform which picks fresh farm produce from farmers and delivers to the consumer's doorstep in about 12 hours through a community of resellers (mainly women). It also offers a select range of groceries, bakery products, dairy goods, home care among others.

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Otipy Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹356.04 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • WestBridge, SIG, Omidyar Network
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Otipy Financial Details
Financial Highlights
FY 2023-24 Revenue₹52.07 Cr
FY 2023-24 Expenses₹87.75 Cr
FY 2023-24 Profit/Loss-₹199.32 Cr
Net Cash Flow From Operations-₹76.46 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Otipy Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

VK
Varun Khurana Co-Founder & CEO
RS
Rohit SoodCBO

Board Members/Directors

VK
Varun KhuranaDirector
VK
Vinay Kumar BansalNominee Director
Otipy Documents

AY - 2018-19

Profit and Loss statement - Otipy - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Otipy for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Otipy - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Otipy for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Otipy - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Otipy for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Otipy - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Otipy for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Otipy - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Otipy for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Otipy - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Otipy for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Otipy - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Otipy for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Otipy - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Otipy for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Otipy - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Otipy for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Otipy - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Otipy for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Otipy - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Otipy for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Otipy - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Otipy for FY 2023-24
₹249.00 ₹498.00

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