Localbanya, an online grocery store in India, is a boon for busy people, as they can buy all kinds of food and groceries on its website. Founded in 2012 Closed in 2016 Founders: Amit Naik, Karan Mehrotra, Rashi ChoudharyFinancingIn July 2013 , it received investment from Brand Capital Springboard. In 2014 , localbanya completed its Series A funding round, which came from Mumbai-based real estate development group Karmvir Avant Group . LocalBanya did not disclose the amount of the investment. Development HistoryIn July 2015 , Indian online grocery retailer Localbanya.com announced a strategic partnership with software company Vinculum Solutions to strengthen its technology and build a solid foundation for future cross-border operations. References |
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