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Milkbasket Raises $7M In Series A Round Led By Mayfield India

by moneycontrol.com posted 3months ago 37 views
The incoming institutional investors have also bought certain shares from Milkbasket’s existing investors. : Grocery delivery startup Milkbasket has raised $7 million in its Series A funding led by Mayfield Advisors. This round brings a total Series A funding of $14 million to the Gurgaon-based startup. Existing investors that participated in this round were Kalaari Capital, BeeNext, Blume Ventures and Unilever Ventures. With the new financing, it aims to acquire a fresh talent pool, continue to invest in technology and expand in new territories in the country.

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