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Qwipo logo — Technology based B2B Marketplace connecting sellers and busi...

Qwipo

Technology based B2B Marketplace connecting sellers and business retailers.

Founded 2018 India Hyderabad, India 60 employees Debt Financing Total: $3.10M B2B, E-Commerce +1

General Information

Company Name Qwipo
Founded Year 2018
Location India Hyderabad, India +1
Employees 60
Industries B2B, E-Commerce, Retail
Funding Stage Debt Financing
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About Qwipo

Qwipo is a technology-based B2B marketplace with a slogan of "Connecting sellers and business retailers." The startup, founded in 2015 and headquartered in India, aims to address inefficiencies in the traditional wholesale distribution systems in the country, which result in significant value loss. Qwipo leverages technology to reorganize and optimize the massive distribution infrastructure that supplies daily essentials and FMCG products to millions of Kiranas, Hotels, Restaurants, and Business Enterprises. As of Dec 2021, Qwipo has already achieved significant milestones, including 325,000+ delivered orders and 16,000+ tons of products, serving over 10,000+ business retailers. The startup operates in two Indian states, covering 40 locations. In terms of investment, Qwipo recently secured a $800.00K debt financing investment on 01 March 2022. The investment came from a group of Indian banks and founders, underscoring the confidence in the company's mission and potential within the B2B, E-commerce, and retail industries. Through its innovative approach and impressive growth trajectory, Qwipo is poised to continue making strides in transforming India's distribution landscape.

Taxonomy: B2B Marketplace, Wholesale Distribution, Technology, FMCG Products, Retailers, Supply Chain Optimization, Business Enterprises, India, Retail Industry, Tech Startups, Market Expansion, Order Fulfillment

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1 •••• •••• 01 Mar 2022
Angel Round •••••• 1 •••• •••• 01 Dec 2021
Seed Round •••••• 1 •••• •••• 01 Nov 2020
Pre Seed Round •••••• 4 •••• •••• 15 Sep 2019

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FAQ About Qwipo

Technology based B2B Marketplace connecting sellers and business retailers.
Qwipo was founded in 2018.
Qwipo is headquartered in Hyderabad, India.
Qwipo operates in the following industries: B2B, E-Commerce, Retail.
Qwipo has approximately 60 employees.
Qwipo has completed 4 funding rounds, raising a total of $3.10M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Qwipo include MDS Fulfillment, Inc., Sportex, Union Group (1989) Ltd, SkillSight, Inc, Comsense. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Qwipo and MDS Fulfillment, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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