New Delhi, June 19 -- NEW DELHI: Urban Harvest, a B2B food-tech startup that supplies food ingredients, fresh produce and automated coffee machines to restaurants and cloud kitchens, is in advanced talks to raise about Rs.300 crore in fresh funding, according to two people familiar with the matter.

The round is expected to include investors such as Info Edge, the family office of Mankind Pharma, and angel investor Sandeep Kapadia, among others. The proposed fundraise would value the New Delhi-based startup at about Rs.1,500 crore, nearly double its previous valuation of Rs.780 crore as of October last year.

Urban Harvest has so far raised a total of Rs.300 crore from investors including Info Edge, Red Chillies Entertainment and the Mank...