Marketplace for Co-Operatives GoCoop Raises Funding from IAN & Unitus Seed Fund

GocoopGoCoop Solutions, a Bangalore based online marketplace for co-operatives and community based enterprises has raised funding from Indian Angel Network and impact investor Unitus Seed Fund.

The amount of funding was not disclosed.

GoCoop is a platform comprising of a directory service, a microsite service for trade enquiries, and an ecommerce service with both branded e-stores and a marketplace. It enables co-ops to collaborate by creating commerce networks to connect with suppliers, complementary coops and wholesale buyers, the company said.

“We aim to do for co-ops what Alibaba did for manufacturers in China,” said Siva Devireddy, Founder and CEO, GoCoop.

There are more than 600,000 co-operatives in India with over 240 mn members, mostly in rural areas. A similar starutp called ConnectFarmer operates in Karnataka, connecting small farmers with buyers in the city.

Add comment

NextBigWhat brings you curated insights and wisdom on product and growth from the wild web.

Over 2 million people receive our weekly curated insights.