Kolkata-based intercity cooked food delivery startup, tastes2plate.com, is close to raising Rs 30-40 crore in Series A venture funding, aiming at unlocking exponential growth in the online food delivery market, which holds the potential to reach USD 3-5 billion within the next few years, an official said. Led by IT professional Gyan Srivastava, the bootstrapped startup took over three years to stabilize its business model through extensive innovation in packaging and logistics. This allowed the company to become the lowest-cost player in the industry, he said. "We are very close to raising Rs 30-40 crore in Series A funding," said Srivastava, CEO of tastes2plate (T2P) owned by Charabuni Services. The funds will be primarily used for capacity building in marketing, information technology, and logistics infrastructure, he said. "The funding will help us achieve 30-40 per cent month-on-month growth in the number of deliveries compared to our current volume. "While the total online f Read The Rest at :