Mayfield Fund invests in Milkbasket

Date posted: Tuesday 13 November 2018

Grocery delivery platform Milkbasket has raised close to $1.37 million (Rs.10 cr.) in a fresh round of funding from US-based venture capital firm Mayfield Fund. In May, Milkbasket had secured $7 million in its Series A funding led by venture capital firm Kalaari Capital. The round saw participation from Singapore based BeeNext and its existing investors, Unilever Ventures and Blume Ventures. In January, the Gurgaon-based startup had raised $3 million in a pre-Series A round led by Unilever Ventures Ltd.

(DealStreet Asia)