Dunzo Founder, Kub VC Invest in Soptle

Soptle is a Saas-led business-to-business marketplace for fast-moving consumer goods (FMCG) manufacturers and retailers. Soptle has successfully raised $1 million for pre-seed funding from Kube VC and We Founder Circle, apart from participation from Iceland Venture Studio, founders of Bijak, Dunzo, Jar, and Managing Partner of Rocketship.vc.

The funding for Soptle will expand its retailer-network reach and manufacturing partner footprints across India. It will also develop new products and will enhance the technology.

Founded by Pravas Chandragiri, Soptle was started in 2021. The start-up firm has managed to close two angel rounds in 2022 and with the latest pre-seed round, it has managed to raise $1.4 million from Kube VC, Nyra Ventures, We Founder Circle, Iceland Venture Studio, and founders and CXOs of Dunzo, Bijak, Google, Jar, All-Cargo Group, Gati.

Meanwhile, ChandragiriShas expressed his gratitude for the support and partnership of Soptle's investors and team and said that the pre-seed round is a validation of the team's hard work and a step towards achieving new milestones.