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Milkbasket raises ₹15 crore in debt from InnoVen Capital
short by Kanishka Pandey / on Wednesday, 26 June, 2019
Gurugram-based grocery delivery startup Milkbasket has raised ₹15 crore in venture debt from InnoVen Capital. With the new funding, Milkbasket has announced close of its $12.7 million Series B round. Earlier this month, Flipkart Co-founder Sachin Bansal co-founded fund BAC Acquisitions and the micro-delivery startup had mutually decided to drop a ₹20-crore debt funding announced in April.
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