https://techcrunch.com/2019/09/05/milkbasket-series-c/

Milkbasket, a Gurugram-based micro-delivery startup, is in talks to close a new financing round as it looks to expand its footprints in milk, groceries, fruits, and vegetables delivery market that has attracted the attention of many in recent months including Amazon India.

The four-year-old startup is in advanced stages of talks with private equity funds to raise more than $50 million, up from $26 million it has secured to date, people familiar with the matter told TechCrunch. The round, Series C, is likely to close within the next two months, they said. A Milkbasket spokesperson declined to comment.