Industry News
Mexican On-Demand Grocery Delivery Platform Orchata Raised USD4m Seed Round
13 August 2021
Orchata, a Mexican on-demand grocery delivery platform operating its own microfulfillment centers, raised a USD4m seed round from YC, JAM Fund, FJ Labs, Venture Friends, Investo and Foundation Capital. Orchata participated in YC’s S20 batch.
(TechCrunch) – Luis Mario Garcia grew up in Mexico making deliveries for the grocery stores in his neighborhood. After honing his startup skills in San Francisco, he returned to Mexico with the idea of building a software company.
That’s when he met his co-founder Javier Gonzalez and the pair started Orchata in 2020, a mobile app enabling consumers to get groceries delivered in 15 minutes, with no substitutes and at supermarket prices. Products delivered include fresh fruit, beverages, bread, medicine and household essentials, Garcia told TechCrunch.
Orchata does this by operating a network of micro fulfillment centers — it is already operating in two cities — with technology for efficient picking and hyperfast delivery.
Read more at TechCrunch.
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