MilkBasket raises $7.7m from Kalaari Capital and BeeNext

Gurgaon based home delivery startup, MilkBasket has raised $7m in Series A funding. The round was led by Kalaari Capital and BeeNext.

The amount will be utilized to bring efficiencies in its supply chain, last-mile logistics, and to expand into other geographies.

In January this year, Milkbasket had raised $3 Mn funding in a Pre-Series A round led by Unilever Ventures. Previously, it raised a total of $1 Mn in seed and angel investment from a clutch of Chinese VCs and domestic angel investors. The startup maintains to have utilised the fund in expanding the company’s operations in Gurugram and to acquire new talent.

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