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Thursday, March 9, 2017

Supr Daily raised $120K funding

Mumbai based Supr Daily has raised $120K funding from US-based startup accelerator Y Combinator.
Supr Daily founded by Puneet Kumar and Shreyas Nagdawane, delivers daily consumable goods such as milk, bread, eggs and coconut water, among others, to its users every morning. It is now operating in few parts of Mumbai. The company will use the funds to scale up its pan-Mumbai operations in the next six months.

Also read: Juno Clinic raised $1.2 million funding from various investors

The startup works in a direct-to-consumer model adopted from the daily milk use-case in India to make deliveries, which it claims has brought down the delivery cost per order to as low as Rs 1 - Rs 3 as compared to the e-commerce benchmark of Rs 50. The startup claims to have served close to half a million orders.

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