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Milkbasket secures pre-series A round from Blume, others

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Milkbasket, a micro-delivery grocery startup, has secured an undisclosed amount of funding from Blume Ventures, Lenovo Capital and Incubator Group (LCIG).
The pre-series A funding is the third round of funding raised by the company.
In December, a few Milkbasket customers together with Empower Investment, Hofan Capital and Draphant participated in their second round of funding, it said in a statement.
The funding will be utilised to expand operations across Gurgaon and hire manpower in technology, supply chain, and operations departments, it added.

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