# Dropshop Network Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dropshop-network-private

- Industry: Logistics & Distribution
- Headquarters: Bengaluru, India
- Website: www.dropshop.network/#/home
- Total disclosed funding: $5.3M
- Latest round: Series A (Jul 19, 2022)
- Investors on record: 8

## About

Based in Karnataka, India, and founded in 2019, Dropshop Network Private Limited is a technology-based company that offers distribution services for large and small FMCG companies. The company was founded by its CEO Udit Dhawan. In June 2021, Dropshop Network Private Limited raised INR 93 million in pre-series A funding led by Inflection Point Ventures, Axilor Ventures, 42.VC and The Chennai Angels.

The company offers a platform that lets its users to find and buy high-margin products from India. It helps small and large FMCG companies to make distribution efficient and cheaper. It offers a full-stack platform for FMCG companies to digitize distribution, sales, logistics, and credit to retailers.

As of 2022, the firm is building 25taka which guarantees 25 percent profits on every product, 30-day credit, and next-day delivery facilities.

## Funding rounds

- Series A, Jul 19, 2022, $3.9M — Jetty Ventures, FirstPort Capital, AL trust
- Series A, May 9, 2022, $0.8M — Axilor Ventures, Vistra ITCL
- Seed, Dec 23, 2019, $0.7M — Kalpathi Investments, Axilor Ventures, Cavinkare Pvt Ltd, AVA Cholayil Health Care Private Limited

## Investors

- Kalpathi Investments — Seed
- Axilor Ventures (https://capitalatlas.ai/funds/axilor-ventures) — Seed, Series A
- Cavinkare Pvt Ltd — Seed
- AVA Cholayil Health Care Private Limited — Seed
- Vistra ITCL — Series A
- Jetty Ventures (https://capitalatlas.ai/funds/jetty-ventures) — Series A
- FirstPort Capital — Series A
- AL trust — Series A