Otipy
Otipy (operated by Gurugram-based Crofarm) was an Indian agritech startup that ran a farm-to-fork community group buying platform connecting farmers directly to urban consumers and community resellers in Delhi-NCR and Mumbai. The company ceased operations in 2025 after failing to secure Series C funding and facing quick commerce competition.
- Company typePrivate
- Founded2020
- HeadquartersHaryana, India
- Headcount501–1,000
- GTM typeB2C
- OfferingDigital Commerce or Content
What Otipy does
Otipy, operated by Gurugram-based Crofarm, was an Indian agritech startup founded in 2020 by Varun Khurana (a former Blinkit employee). The company operated a farm-to-fork community group buying (CGB) platform connecting farmers directly to urban consumers and a network of community resellers, primarily in Delhi-NCR and Mumbai. The platform enabled direct purchase of fresh produce from farms, bypassing traditional intermediaries, with community resellers facilitating last-mile delivery within residential neighborhoods. Otipy supplemented its digital operations with electric cart deployments in Gurugram for offline sales expansion. The company earned revenue through transaction fees on produce sales and operated as a direct-to-consumer model targeting individual consumers and small resellers.
Despite reporting strong revenue growth to INR 160 crore in FY24 and narrowing losses to INR 51 crore, Otipy ceased operations in 2025. The company raised $43.2 million in total funding across seed, Series A, and Series B rounds (with Westbridge Capital, SIG, and Omidyar Network India as key investors) but was unable to secure a Series C round. The shutdown was driven by cooling investor appetite for farm-to-fork models and inability to compete with 10-minute quick commerce platforms such as Zepto, Blinkit, and Instamart. Employees and vendors reported unpaid dues at the time of shutdown, with no communication from management.
Otipy firmographics
Firmographics- Name
- Otipy
- Legal name
- Crofarm
- Website
- https://otipy.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Closed
- Headcount range
- 501–1,000 employees
- Short description
- Otipy (operated by Gurugram-based Crofarm) was an Indian agritech startup that ran a farm-to-fork community group buying platform connecting farmers directly to urban consumers and community resellers in Delhi-NCR and Mumbai. The company ceased operations in 2025 after failing to secure Series C funding and facing quick commerce competition.
- Ownership category
- akta.pro rank
Otipy industry classification
Industry- Product category
- Online Grocery / Fresh Produce Delivery
- NAICS
- Other Farm Product Raw Material Merchant Wholesalers (424590), Local Messengers and Local Delivery (492210)
- SIC
- Agricultural Services (700), Trucking & Courier Services (No Air) (4210)
- akta.pro primary industry
- Farm-to-Consumer Produce Boxes / CSA Delivery (AFAIANAC)
- akta.pro secondary industry
- Local / Farm-to-Wholesale Produce Aggregation & Distribution (AFAIACAG)
Keywords
Where Otipy is headquartered
LocationHeadquarters
- HQ city
- Haryana
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Otipy business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Fresh produce marketplace: Otipy operated a farm-to-fork marketplace facilitating direct purchase of fresh produce from farms to consumers and resellers, earning revenue through transaction fees on produce sales.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
Otipy product offering
Product offeringCore offering
Otipy operated a farm-to-fork online delivery platform that sourced fresh produce directly from farmers and distributed it to urban consumers and community resellers in Delhi-NCR and Mumbai. The model relied on community resellers facilitating last-mile delivery within residential neighborhoods, combined with company-operated direct delivery and electric-cart offline sales.
Product overview
Otipy operated as a single unified farm-to-fork delivery platform connecting farmers directly to consumers through a network of community resellers. The core platform enabled direct purchase and delivery of fresh produce, supported by an electric cart initiative for offline sales expansion in Gurugram. The company operated in Delhi-NCR and Mumbai before shutting down operations in 2025.
Differentiator
Problem solved
Functional benefit
Products and services
- Otipy Farm-to-Fork Delivery Platform
Quantifiable outcome
- Revenue grew to INR 160 crore in FY24 with narrowed losses to INR 51 crore
Companies that use Otipy
Customer profileSegments1 record
Ideal customer profiles1 record
Otipy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Otipy partnerships and signals
Strategic signalScale indicators4 records
Recent moves9 records
Expansion highlights3 records
Otipy competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key risks1 record
Key highlights6 records
Customer concentration
Otipy social profiles
Digital presenceOtipy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Otipy leadership team
Management profileNumber of profiles
Otipy funding detail
Funding detailFunding overview
Funding rounds4 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Otipy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Otipy
What does Otipy do?
Otipy operated a farm-to-fork online delivery platform that sourced fresh produce directly from farmers and distributed it to urban consumers and community resellers in Delhi-NCR and Mumbai. The model relied on community resellers facilitating last-mile delivery within residential neighborhoods, combined with company-operated direct delivery and electric-cart offline sales.
Is Otipy a public or private company?
Otipy is a private company. It is classified as venture growth investor backed and is currently closed.
When was Otipy founded?
Otipy was founded in 2020. It employs 501 to 1,000 people.
Where is Otipy based?
Otipy is headquartered in Haryana, India, in the Asia region.
How does Otipy make money?
One revenue line is on record: fresh produce marketplace.
Does Otipy have an API?
No public API is recorded for Otipy.
What industry is Otipy in?
Otipy's product category is Online Grocery / Fresh Produce Delivery. Its primary akta.pro industry code is AFAIANAC, Farm-to-Consumer Produce Boxes / CSA Delivery, with a secondary code of AFAIACAG, Local / Farm-to-Wholesale Produce Aggregation & Distribution. Its NAICS code is 424590 and its SIC code is 700.