Exclusive: Grocery Delivery Service Localbanya Shuts down website
Seems 2015 crisis in startup world will continue in 2016. The latest victim of this crisis is Localbanya.com a grocery delivery services, taken down their website.
Localbanya has raised 20 million in funding and setup offices in Mumbai, Delhi, Noida and Gurgaon.
Recently most companies operating in Grocery sectors started laying off employees including prominent names like Grofers, Peppertap.