Basic Information
Based out of Bengaluru, Onato was founded in February 2021 by entrepreneurs Vedant Katiyar and Ashish Jindal. Onato is building a technology platform for India’s $100+ billion fruits and vegetables (F&V) industry. Onato’s platform connects various stakeholders directly and uses data from the demand and supply side to bring transparency in volume and pricing, ensure timely payments, and help customers access new business opportunities. This in turn drives better margins and allows small and medium participants to expand their business over time without deepening their credit burden. In October 2021, the startup announced a seed financing of $2.2 million. The round was led by Vertex Ventures Southeast Asia and India with participation from Omnivore.
Legal Name
:
GTracom Technologies Pvt Ltd
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
Founding Date
:
2021
No. of Employees
:
41 to 60
Core Team
:
1.
Ashish Jindal
Co-Founder
2.
Vedant Katiyar
Co-Founder
Funding
Total Funding
$2.2M
Investors
:
1.
Vertex Ventures Southeast Asia & India
Round 1
$2.2M
Series Name
:
SEED
Date
:
19th Oct 2021
Investors
:
1.
Omnivore
2.
Vertex Ventures Southeast Asia & India
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