# Onwo Trade

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onwo-trade

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.onwo.trade
- Total disclosed funding: $1.6M
- Latest round: Seed (Feb 13, 2023)
- Investors on record: 6

## About

Based in Karnataka, India, and founded in 2022, Onwo Trade operates as a software company that offers a marketplace to Indian food sellers and offers food sourcing service. The company was founded by its CEO Bipul Kumar. In February 2023, Onwo Trade raised USD 1.6 million in seed funding led by Kae Capital, 2 a.m. Ventures, and Climber Capital. As of 2023, the firm offers its services in more than 15 countries and more have more than 150 suppliers. 

The firm offers rice and sugar sourcing services. It offers various solutions for global buyers which includes packaging and private label solution, quality assurance services, compliance, and supply chain services. The services offered by the firm to Indian manufacturers include demand generation, order and payment management, and credit services. The company provides basmati and non-basmati rice along with commodity and pharma sugar.

It generates its revenue by sourcing rice and sugar. The rice offered by the company costs between USD 390 per tonne to USD 1250 per tonne and the sugar offered costs between USD 450 per tonne to USD 600 per tonne.

The company plans to use the February 2023 funding to expand its team and enhance its platform.

## Funding rounds

- Seed, Feb 13, 2023, $1.6M — Kae Capital, Whiteboard Capital, PointOne Capital, Kettleborough VC, 2am VC, Climber Capital

## Investors

- Kae Capital (https://capitalatlas.ai/funds/kae-capital) — Seed
- Whiteboard Capital (https://capitalatlas.ai/funds/whiteboard-capital) — Seed
- PointOne Capital (https://capitalatlas.ai/funds/pointone-capital) — Seed
- Kettleborough VC (https://capitalatlas.ai/funds/kettleborough-vc) — Seed
- 2am VC (https://capitalatlas.ai/funds/2am-vc) — Seed
- Climber Capital (https://capitalatlas.ai/funds/climber-capital) — Seed