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India’s LocalBanya aims to raise USD15m in the next quarter

By Rajiv Menon
1 min read
India’s LocalBanya aims to raise USD15m in the next quarter

Mumbai-based grocery e-tailer LocalBanya is set for a fourth round of funding worth about USD15 million from domestic venture capital firms within the next quarter. The company has raised about USD20 million in three rounds, one of them about a quarter ago. “We’ll need another round of cash infusion to go national.

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