Company Name : SatvaCart
Funding Amount : Rs 12 crore
Investor(s) Palaash Ventures.
Funding Round : Angel round
SatvaCart has raised close to Rs 12 crore in second round of angel funding. The funding round was led by new and existing investors along with Palaash Ventures.
The Gurgaon based online grocery retailer will use the newly raised funds to expand its operations to other cities and enhance its technology.
The startup sources the groceries from neighbourhood stores and supplies to its customers and also stocks its own inventory [source].