Redbasil raises Rs 2.5 Cr led by Mumbai Angels

Gurugram-based Redbasil, a tech-driven and zero-inventory marketplace for wholesale food supply for restaurants and cloud kitchens, has raised INR 2.5 crore as seed funding led by Mumbai Angels with the participation of SAT Industries, Plan B Capital and other investors. Redbasil will primarily use the new capital to expand its ground operations and sales team in the Delhi-NCR region and invest in engineering resources and tech infrastructure. The platform also aims to onboard 500+ outlets and clock a monthly GMV of over INR 1.5 crore.