Firm seeks to use funds to expand in cities where it is present and start operations in Delhi, Chennai and Hyderabad in the next 12 months
Bengaluru: Food technology start-up Box8 (Poncho Hospitality Pvt. Ltd) has raised Rs50 crore ($7.5 million) in a Series B funding round led by IIFL Seed Ventures Fund, a unit of IIFL Holdings Ltd, and existing investor Mayfield Fund, said two people aware of the development.
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