SatvaCart, a Gurgaon, India-based startup that operates an online grocery platform, raised approx. $1.8m in its second angel funding round.
Backers include unnamed private investors.
The company will use the funds to expand in additional cities in India and to continue to develop its technology.
Launched in January 2015 by Rahul Hari, Satvacart delivers grocery and staples, personal care products and household essentials across Gurgaon from 10am to 10pm.The platform features Saved cart, a tool that learns from grocery shopping behavior and allows users to reduce the overall time spent in shopping for groceries.
FinSMEs
08/11/2015