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The round also saw participation from Omidyar Network India, Innoven Capital, and existing investors IPV (Inflection Point Ventures), Pravega and FactorE.Įnablers, ValPro’s startup advisory arm, acted as the financial advisor to Otipy on the transaction.

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Otipy, the community buying platform for agritech startup Crofarm has raised USD 10.2 mn in its latest series A round led by SIG. The equity infusion will accelerate Shipskart’s plans to expand its India operations by opening physical fulfilment warehousing centres located near ports for greater efficiencies. The company has a wide network of 500+ partners across 40 countries.

The platform empowers mid-segment shipping companies and suppliers to streamline their procurement lifecycle. ValPro’s startup advisory vertical, Enablers, was the advisor in this transaction.įounded in 2017 by Dhruv Sawhney, along with Sunny Bagla and Vivek Sahi, Shipskart operates as a B2B online marketplace where vessels, vessel managers, ports and shipyards can purchase marine products, consumables, equipment and service products that are required for efficient operations onboard ships. Strategic investors including Motion Ventures, Tradeworks.vc and Eternia Investments also participated in the round. Shipskart, Singapore-based B2B supply chain startup in the maritime and offshore segment has raised USD 2.7 million in Series A round led by Trail Mix Ventures (TMV) and Hermes Offshore.

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