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

GoCoop 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.
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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.

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