Fmcg Platform Soptle Raises $1 Million In Funding Led By Kube Vc, We Founder Circle
Amount Raised
$1 Million
Round Type
Seed
GurugramE CommerceSupply Chain ManagementLogisticsSaaSDescription
FMCG and retail platform Soptle has raised $1 million in funding led by Kube VC and We Founder Circle, along with participation from Iceland Venture Studio (IVS), Nyra Ventures and founders of Dunzo, Jar, Bijak, 888VC and managing partner of Rocketship.vc. Existing investors – Kube VC and Dunzo founder Ankur Agarwal –also participated in the round.The funding will aid Soptle’s expansion of the retailer-network reach and manufacturing-partner footprint across India, with new product offerings and technology enhancement. This will further empower the local retailer and manufacturers to reach larger markets and expand their services in the other Indian geographies, it said."Over the last two years, we have worked hard to bring together 80,000 kirana store owners and retailers across India on our platform who are now using our technology for their geographical expansion. We strongly believe technology can help us realise the potential of the FMCG industry,” said Pravas Chandragiri, chief executive and founder of Soptle.Launched in May 2022 by 20-year old Chandragiri, Soptle is a SaaS-led B2B retail commerce platform that helps consumer goods companies distribute products by using its network.The company enables FMCG manufacturers to increase their income by providing access to country-wide distributions at zero fixed cost
Quick answer
Soptle raised $1 Million in a Seed round, dated May 13, 2023. Soptle is based in Gurugram, Haryana, India.
- How much did Soptle raise?
- Soptle raised $1 Million in a Seed round on May 13, 2023.
- What does Soptle do?
- Soptle is a micro SaaS-led B2B retail commerce platform that helps small and large fmcg businesses distribute products by using its network of active retailers across India.
- Where is Soptle based and how big is it?
- Soptle is based in Gurugram, Haryana, India.
- Who are the decision-makers at Soptle?
- Fundz holds 1 contact at Soptle. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Supply Chain Management around the same time
Companies in the same sectors as Soptle that raised within 45 days of this round, from Fundz verified event records.
- Frayt Technologies raised $7M (Funding Round) on April 11, 2023.
- Evermile raised $6M (Seed) on April 19, 2023.
- DJUST raised $13M (Funding Round) on June 12, 2023.
- Haul247 raised an undisclosed amount (Funding Round) on June 8, 2023.
- zero44 raised $2.7M (Seed) on May 26, 2023.
- SUPA Consolidated Inc. raised $25K (Seed) on May 23, 2023.
Who to call at Soptle, and when
A new round usually means Soptle is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Soptle raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Soptle, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Soptle. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Soptle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Soptle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.