Dropshop Network Private Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Dropshop Network Private Limited - overview
Established
2019
Location
Bengaluru, Karnataka, India
Primary Industry
Logistics & Distribution
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.
Current Investors
Inflection Point Ventures, CavinKare Group, The Chennai Angels
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution
Website
www.dropshop.network/#/home
Company Stage
Series A
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.