<ul><li>Subscription-based grocery provider Otipy shut operations, affecting around 300 employees and gig workers.</li><li>Founder and CEO Varun Khurana informed employees about the decision at a townhall meeting.</li><li>The WestBridge Capital-backed startup faced challenges in the grocery subscription industry due to the rise of quick commerce platforms.</li><li>Otipy, founded in June 2020, connected consumers to farmers via resellers for last-mile delivery of fruits and vegetables in Mumbai and Delhi-NCR.</li></ul>

Subscription-based grocery provider Otipy shuts shop; impacts 300 employees

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