To grow its footprint and customer base in Bengaluru, grocery and milk delivery startup, Milkbasket has acquihired a local e-grocer PSR supply Chain for an undisclosed amount.
PSR Supply Chain has ceased operations as of June. In four years of operations, PSR established a network of over 4,000 registered customers and its last reported annual turnover was over Rs 2.5 crore. Following the deal, Milkbasket has integrated the startup’s customers and offering into its portfolio. (Source)
