Social commerce startup Otipy raises $10.2 Mn in Series A led by SIG
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Otipy, a community group buying platform for fresh fruits and vegetables, has raised $10.2 million in its Series A round led by SIG. Omidyar Network India, Innoven Capital and existing investors Inflection Point Ventures, Pravega and FactorE also participated in the round. This is the second round of funding for Otipy, which transformed from a farm-to-retail model (Crofarm) to become a B2B2C platform in early 2020.