Otipy - About the company
Otipy is a series B company based in Gurugram (India), founded in 2020 by Varun Khurana. It operates as an Online platform offering grocery products through a digital storefront. Otipy has raised $44.2M in funding from investors like WestBridge Capital, Inflection Point Ventures and SIG Venture Capital. The company has 1111 active competitors, including 54 funded and 14 that have exited. Its top competitors include companies like Swiggy, Blinkit and Bigbasket.
Company Details
Online platform offering grocery products through a digital storefront. It provides a variety of food items, household essentials, and pantry staples for everyday needs. Thd product catalog includes vegetables, fruits, dairy items, eggs, breads, and more.
- Website
- otipy.com
- Social
- Email ID
- *****@crofarm.com
- Phone Number
- +91 **********
- Registered Address
- Flat No.-A 31,3rd Floor,Seema Apartments Plot No.7, Sector-11 Dwarka, New Delhi, Delhi, Delhi, India, 110075
Key Metrics
Founded Year
2020
Location
Gurugram, India
Stage
Series B
Total Funding
$44.2M in 4 rounds
Latest Funding Round
Investors
Ranked
6th among 1111 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
284 as on May 31, 2026
Legal entities associated with Otipy
Otipy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OTIPY INTERNET PRIVATE LIMITED CIN: U01409DL2020PTC373082 , India, Active | Nov 11, 2020 | $10M - $50M (As on Mar 31, 2024) | 87 (As on Jun 30, 2024) |
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Otipy's funding and investors
Otipy has raised a total funding of $44.2M over 4 rounds. Its first funding round was on Aug 24, 2020. Its latest funding round was a Venture Debt round on Mar 17, 2025 for $*****. 1 investor participated in its latest round. Otipy has 14 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Otipy:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 17, 2025 | 6122747 | Venture Debt | 7511425 | 6207342 | 9008063 | 8141135 |
Dec 08, 2021 | 5966493 | Series B | 1099085 | 8875662 | 1307154 | |
Jul 19, 2021 | 9135469 | Series A | 3116142 | 6735981 |
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Otipy's founders and board of directors
Founder? Claim ProfileThe founders of Otipy is Varun Khurana. Varun Khurana is the CEO of Otipy.
Here are the details of Otipy's key team members:
- Varun Khurana: Founder & CEO of Otipy and founder of 3 other companies, Wirkle, Crofarm and MyGreenBox. They are also an angel investor in 10 startups and serve on the boards of 3 companies.
Otipy's Board of Directors
Otipy's board has 2 active members. Varun Khurana is part of team and Himanshu Kumar is independent board member.Here is the list of Otipy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 6m | |
Independent board member | - | Current | 5y 6m |
View details of Otipy's Founder profiles and Board Members
Otipy's employee count trend
Otipy has 284 employees as of May 26. Here is Otipy's employee count trend over the years:
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Otipy's Competitors and alternates
Top competitors of Otipy include Swiggy, Blinkit and Bigbasket. Here is the list of Top 10 competitors of Otipy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hyperlocal delivery and convenience platform for ordering food and groceries | $3.62B | 89/100 | ||
2nd | Online retailer of groceries, personal care, and household essential products | $757M | 87/100 | ||
3rd | Online retailer of grocery, household, beauty, and personal care products | $943M | 80/100 | ||
4th | Retailer of groceries fresh produce household items and personal care | $2.3B | 78/100 | ||
5th | Online social deal-sharing platform for multi-category products | $387M | 75/100 | ||
6th | Online platform offering grocery products through a digital storefront | $44.2M | 72/100 | ||
7th | Platform offering e-commerce platform connecting consumers with local retailers | $25.7M | 72/100 | ||
8th | On-demand hyperlocal delivery app for food and groceries | $452M | 70/100 | ||
9th | Online retailer of fresh fruits, vegetables, exotics, cuts, and mixes | $31.9M | 69/100 | ||
10th | Online retailer of grocery, snacks, beverages, and household essential items | - | - | 69/100 |
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Otipy's Investments and acquisitions
Otipy has made no investments or acquisitions yet.
Reports related to Otipy
Here is the latest report on Otipy's sector:
News related to Otipy
Filter this listMedia has covered Otipy for a total of 9 events in the last 1 year, 1 of them has been about company updates.
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Credit risk automation platform Kaaj raises $3.8M seed from Kindred VenturesStartupNews•Nov 19, 2025•Kaaj.ai, Kindred Ventures, Better Tomorrow Ventures, Karman and 17 others
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Affluense AI Secures ₹3 Crore Pre-Seed Round Led by Zeropearl VCStartupTalky•Oct 06, 2025•Affluense, Zeropearl, Purple Style Labs, Leverage.biz and 6 others
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D2C home decor brand DecorTwist raises $200K in pre-Series A funding roundEntrackr•Oct 06, 2025•DecorTwist, Purple Style Labs, Leverage.biz, Rusk Media and 7 others
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Cosmoserve Space secures $3.17 Mn in pre-seed roundEntrackr•Sep 25, 2025•Cosmoserv, AUM Ventures, SHAKTI, Purple Style Labs and 5 others
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B2B procurement startup Prowrrap raises Rs 4 Cr in Seed roundEntrackr•Sep 09, 2025•Prowrrap, Calance, Purple Style Labs, Reddit and 8 others
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Artha India Ventures Closes Select Fund At INR 432 CrInc42•Aug 18, 2025•Artha India Ventures, Purple Style Labs, Reddit, Roadzen and 5 others
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Pehle Jaisa secures USD 300K in Pre-Series A funding led by Pantnagar Capital, Climate Angels.Enablers•Jun 13, 2025•Roadzen, The Label Life, Intelligence Node, Civilsdaily and 15 others
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Another startup shuts down due to quick commerce, 300 employees lose jobs, the startupIndia.com•May 27, 2025•Otipy
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