Bangalore Based Neighbourhood Delivery Startup Delyver Raises INR 6.5 Cr.

Bangalore based B2C delivery startup Delyver has raised INR 6.5 Cr. in funding led by a Bangalore based Venture Capital firm.

Founded in 2010 by IIM Lucknow graduates Afsal Salu, Praful Thachery and Reebu Varghese, Delyver connects offline retailers in a neighborhood with customers from the same neighborhood. In other words, Delyver is a neighborhood marketplace which claims to deliver of products within one hour.

Delyver had raised an undisclosed amount in angel funding from K Ganesh, Meena Ganesh, V Sudhakar and Shankar Maruwada earlier this year.

Delyver is currently operational in 21 neighbourhoods in Bangalore and covers over 1,000 retail outlets across 10 categories including restaurants, cakes, meat, fish, vegetables, flowers, ice creams and home-made food.

It plans to use the funds raised for its expansion plans to the 20 cites by next year. Further, the startup plans to add up more categories including medicines and ready-to-cook products.

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