B2B retail commerce platform Soptle raises funds led by Soonicorn LLP and a clutch of logistics leaders
Soptle, a B2B retail commerce platform, has raised an undisclosed angel round led by Soonicorn LLP and a clutch of logistics leaders such as Vaishnav Shetty, executive director of All-cargo Group, Pirojshaw Sarkari, CEO of Gati NSE 0.88 %, and Saurabh Agarwal, ex-founder Fitso.
Launched in May 2022, by 20-year old engineering school dropout Pravas Chandragiri, Soptle is a micro SaaS-led B2B retail commerce platform that helps consumer goods companies distribute products by using its network of over 15,000 retailers across the country. It also has about 400 distributors and 60 manufacturers on its platform. The funds raised will be used to expand Soptle’s distribution network across the country, scale product capabilities as well as grow the team.