Soon after raising $10.5 million round led by Unilever Ventures, Rs 20 crore debt funding round to be led by Sachin Bansal’s BAC Acquisition in milk and daily essentials delivery platform Milkbasket, has been called off.
Milkbasket and BACQ have mutually decided not to proceed with the investment that was announced on April 29, 2019, revealed a joint press statement released on June 7. (Source: PR)
