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Online grocery RedMart nets US$5.4m funding

Bridge funding will expand warehouse space, delivery fleet

LOCAL online grocery store RedMart has raised US$5.4 million in its latest round of funding. The two-year-old site was launched in late 2011, and has raised US$10 million to date across its first three seed rounds, as well as its Series A round that it closed in July last year.A bridge round is