Hyperlocal delivery startup Baxi-Fresh raises funds from existing investors

Date posted: Tuesday 2 April 2019

Gurugram-based micro-delivery startup Baxi-Fresh has raised Rs.2 crore in a bridge-round from existing investors including Indifi Technologies founder Alok Mittal, UK-based angel investor Nitin Singhal and Shiksha Infotech founder Mahendra Pratap. The company plans to use the funds raised to expand and launch its delivery services in 200 residential neighborhoods in Gurugram and New Delhi region by July this year.

(ET Tech)