Grocery startup Milkbasket raises $7 mn in funding

Gurugram-based grocery delivery startup Milkbasket has raised $7 million in an extended Series A funding round led by US-based venture capital firm Mayfield Fund. Existing investors including Kalaari Capital and Unilever Ventures also participated in the round. Founded in 2015, Milkbasket is a subscription-based service that delivers grocery and milk daily to its customers’ doorstep on a top-up basis.

This short was originally published on Inshorts, based on an article in Livemint.

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