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Draft:Rupyz

From Wikipedia, the free encyclopedia

Rupyz
TypePrivate
Industry
Founded2018
Founders
  • Akshay Gupta
  • Alok Singh
  • Dhaval Radia
  • Gourav Gupta
  • Palash Lunia
  • Pawan Kumar
Headquarters,
India
Area served
India
Key people
Dhaval Radia
ProductsSales and distribution management software
Websiterupyz.com

Rupyz is an Indian software as a service (SaaS) company headquartered in Gurugram, Haryana. The company develops a business-to-business (B2B) e-commerce and distribution platform used by fast-moving consumer goods (FMCG) and consumer brands to manage their sales and distribution channels.[1][2] The company was founded by Akshay Gupta, Alok Singh, Dhaval Radia, Gourav Gupta, Palash Lunia and Pawan Kumar.[3]

In February 2024, the company raised US$1.2 million in seed funding in a round led by Merak Ventures.[4][1]

History

[edit]

Rupyz is based in Gurugram, Haryana, and develops software for business-to-business commerce and distribution.[1] News reports published in 2024 described Rupyz as having been founded in 2019, while the company and the startup-data platform Tracxn give its founding year as 2018.[1][3]

In February 2024, Rupyz raised US$1.2 million in a seed funding round led by Merak Ventures, with participation from angel investors. The investment was reported as the first made from the Merak Ventures fund.[4][1][2][5] The company stated that the funds would be used to develop its technology.[4]

At the time of the 2024 funding round, Rupyz reported a network of around 85 brands, more than 6,500 distributors and over 250,000 retailers.[4][2] According to the startup-data platform Tracxn, the company had raised about US$1.62 million across three funding rounds as of 2024.[3]

Products and services

[edit]

Rupyz operates a software-as-a-service platform for business-to-business e-commerce and sales and distribution management, aimed at distribution-led businesses in sectors such as food, fast-moving consumer goods, personal care and lifestyle.[1][2]

According to the company, the platform includes a field-sales and customer-relationship-management application for sales representatives, tools for distributor and order management, and a configurable business-to-business e-commerce storefront for brands.[6] The company states that the platform also integrates with the WhatsApp messaging service and the Tally accounting software.[6][7]

Funding

[edit]

In February 2024, Rupyz raised US$1.2 million in a seed funding round led by Merak Ventures, alongside a group of angel investors.[4][1][5] Reported total funding across the company's rounds was about US$1.62 million as of 2024, according to Tracxn.[3]

References

[edit]
  1. ^ a b c d e f g "Merak Ventures leads $1.2 Mn round in SaaS platform Rupyz". Entrackr. 5 February 2024. Retrieved 18 June 2026.
  2. ^ a b c d "Merak Ventures Makes Their First Investment in B2B Commerce SaaS Platform Rupyz". Entrepreneur. 5 February 2024. Retrieved 18 June 2026.
  3. ^ a b c d "Rupyz – Company Profile, Funding & Team". Tracxn. Retrieved 18 June 2026.
  4. ^ a b c d e "B2B SaaS Startup Rupyz Nets Funding To Offer Supply Chain Management Solutions". Inc42. 5 February 2024. Retrieved 18 June 2026.
  5. ^ a b "Merak Ventures makes its first investment of $1.2 million in Rupyz". TechHerald. 5 February 2024. Retrieved 18 June 2026.
  6. ^ a b "Rupyz – B2B E-Commerce & Sales Automation Platform". Rupyz. Retrieved 18 June 2026.
  7. ^ "Order Management System with WhatsApp & Tally Integration". Rupyz. Retrieved 18 June 2026.
[edit]

Category:Software companies of India Category:Companies based in Gurugram Category:Indian companies established in 2018 Category:Software companies established in 2018 Category:Business-to-business companies Category:Retail technology companies