Exclusive: End of the road for LocalBanya?

8 Jan, 2016


Online supermarket's last-ditch efforts to resurrect itself seem to have failed as discussions with three major investment groups for fresh funding have fallen through, a person familiar with the development has told

The person, who is close to one of the current investors, did not want to be named.

One of the investment groups with whom talks were on is a large media house based in Bangalore, the person said.

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