Opinio, the B2B hyperlocal delivery startup, has raised $7 million in its Series A funding from logistics company Delhivery, Sands Capital and Accel Partners.
Opinio will divert this fund towards its technology platform, expansion to multiple cities and strengthening product portfolio.
Founded by IIT Kanpur computer science graduates Mayank Kumar and Lokesh Jangid, Opinio helps small businesses (Merchants) including– restaurants, grocery stores, bakeries and laundry stores – fulfill their demand by offering delivery as a service.
“We are seeing a phenomenal 30% week on week growth in all markets across the country. Our team is innovating on the product and technology every day in a bid to make hyperlocal deliveries more efficient without the need of undercutting on price.” [Mayank Kumar, Co-founder & CEO]
Opinio helps small businesses including– restaurants, grocery stores, bakeries and laundry stores – fulfill their demand by offering delivery as a service in a 5-7 km radius.
Currently, Opinio operates in Bangalore, Delhi/NCR, Hyderabad. It plans to hire atleast 200 more people in its core team over the next six months.