This round of funding was led by three senior executives in the insurance, telecom and investment banking space.
SatvaCart plans to use the amount raised to expand to other cities and strengthen its technology.
Started in January 2015 by Rahul Hari, Satvacart, claims to offer around 4000 products, across categories such as grocery, fruits and vegetables, personal care, household essentials and baby care.
The startup works similar to Peppertap, another online grocery delivery platform. It sources supplies from neighbourhood stores for delivery to customers, but also maintains its own inventory.
Prior to this, the startup had raised seed funding from Palaash Ventures and other angel investors, in order to expand across six new cities apart from Gurgaon.