Startup Originals Team
Delhi NCR-based startup OZi, which delivers baby products via a quick commerce model, has successfully raised $3.3 million in its seed funding round. The round was led by Blume Ventures, with participation from several other VCs and angel investors.
Funding Details & Investors:
- The seed round was led by Blume Ventures.
- Other participants include Huddle Ventures, Zeropearl VC (Bipin Shah), Untitled, plus multiple angel investors.
- Notable angel backers are:
- Abhinav Sinha (ex-COO of OYO)
- Gaurav Ajmera (CBO of Pristyn Care)
- Dhyanesh Shah (cofounder, Mosaic Wellness)
- Gian Singh (cofounder, Mi Arcus)
- Ramakant Sharma (cofounder, Livspace)
- Naman Mawandia (cofounder, magicpin)
Business & Operations:
- OZi was founded by Amit Sah, a serial entrepreneur.
- The founding team includes Arushi Arora (formerly of Urban Company, BCG) and Charishma Motwani (ex-Cars24, BCG).
- OZi offers baby care essentials, arrays like apparel, diapers, toys, and more, with the promise of delivery in under 30 minutes.
- Currently, OZi operates in Gurugram with plans to expand to more cities.
- Its product catalog includes trusted brands like Cetaphil, Nestle, Huggies, Chicco, among others.
- The platform is accessible via both Android and iOS apps.
Market Context & Competition:
- OZi competes directly with Peeko (Bengaluru-based), which raised $3.2 million recently.
- It also faces indirect competition from big quick commerce players such as Zepto, Blinkit, Instamart, BigBasket.
- The funding comes at a time when quick commerce is evolving: many firms are branching beyond groceries into specialized verticals like baby care.
- Investors are showing rising interest in niche quick commerce ventures.
Use of Funds & Future Plans:
- OZi plans to channel the fresh capital into expanding its operations to more cities.
- It also intends to increase the number of SKUs (stock keeping units) to broaden its product range.
