Venture Capital
Grocery delivery startup Milkbasket has raised USD 7 million in Series A funding round, led by Kalaari Capital. Singapore-based BeeNext and existing investors, Unilever Ventures and Blume Ventures, also participated in the round, the company said in a release today. The funds will be used for innovations in supply chain efficiencies and last mile logistics, it added. Anant Goel, chief executive officer, Milkbasket, said this funding will help the company to continue investing in talent, technology and territory.