In developments related to hyperlocal delivery startups, Milkbasket raises $500,000 while Mumbai-based entrepreneur Sandiip Modi acquires Jaipur-based on-demand service firm Street Jumper.
Milkbasket raises $500k led by EVC Ventures
Micro-delivery grocery startup Milkbasket, has raised $500,000 in a pre-Series A funding round led by venture capital firm EVC Ventures, with participation from Chinese investors Peter Zou, CEO of YeahMobi, and Li Jian, founder of Zhu Dao Investments.
