# Odicea Distribution Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/odicea-distribution-technologies-pvt

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.1knetworks.com
- Total disclosed funding: $32M
- Latest round: Series B (Apr 11, 2022)
- Investors on record: 7

## About

Based in Gurgaon, India, and founded in 2018 by Kumar Sangeetesh, Sachin Sharma, and Abhishek Halder, Odicea Distribution Technologies, trading under the name of 1K Kirana Bazaar, provides 1K Network for the store owners both online and offline store networks. The company has 150 stores and serving approximately one lakh consumers as of 2021. In August 2021, Odicea Distribution Technologies raised INR 520 million in Series A funding from Info Edge Ventures, Falcon Edge, Kae Capital, and individual investors.

Odicea Distribution Technologies works with the store owners to provide a 1K Network to compete with both online and offline retail networks. The company's platform organizes the non-urban retail ecosystem.

As part of the funding in 2021, Odicea Distribution Technologies plans to expand to approximately 1,000 Kirana store partnerships in the next year and serve more than a million consumers.

## Funding rounds

- Series B, Apr 11, 2022, $26M — Alpha Wave Global, Kae Capital, InfoEdge Ventures, Kalysta Capital, Beacon Trusteeship
- Series A, Dec 28, 2021, $2.7M — Blue Wolf Capital Partners, Kae Capital, InfoEdge Ventures, RMG Holdings, LLC, Kalysta Capital
- Series A, Aug 7, 2021, $4M — Blue Wolf Capital Partners, Alpha Wave Global, Kae Capital, InfoEdge Ventures, RMG Holdings, LLC, Kalysta Capital

## Investors

- Blue Wolf Capital Partners (https://capitalatlas.ai/funds/blue-wolf-capital-partners) — Series A
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series A, Series B
- Kae Capital (https://capitalatlas.ai/funds/kae-capital) — Series A, Series B
- InfoEdge Ventures (https://capitalatlas.ai/funds/infoedge-ventures) — Series A, Series B
- RMG Holdings, LLC — Series A
- Kalysta Capital (https://capitalatlas.ai/funds/kalysta-capital) — Series A, Series B
- Beacon Trusteeship — Series B