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Milkbasket forays into in-hand delivery service

India’s largest daily grocery delivery service is launching its in-hand delivery service for fresh meats. Milkbasket is entering this category after successfully offering 9,000+ products across FMCG, Dairy, Fruits & Vegetables and all household essentials. This will be Milkbasket’s first...

Milkbasket acquires Bengaluru-based e-grocery store, PSR Supply Chain

In a bid to further expand its business in Bangalore, Milkbasket - India’s largest daily grocery delivery company today announced the acquisition of PSR Supply chain. Founded in 2015, PSR Supply Chain is a popular local e-grocery store, and...

Milkbasket raises Rs 15 crore from Innoven Capital

Grocery delivery startup Milkbasket Wednesday said it has raised Rs 15 crore from venture debt firm Innoven Capital. This latest funding is in addition to US$ 10.5 million (around Rs 72.59 crore) the company had raised earlier this month led...

Milkbasket to invest Rs 10 cr to scale up biz; plans to set up 10 scouring centres

Grocery delivery startup Milkbasket Tuesday said it will invest Rs 10 crore to scale up its fresh fruits and vegetable category as it aims to set up to 10 more fresh scouring centres across the country. "The company aims to...

Milkbasket raises US$ 10.5 mn from Unilever Ventures, others

Grocery delivery startup Milkbasket Tuesday said it has raised an additional US$ 10.5 million (approx Rs 69.20 crore) in its latest round of funding led by Unilever Ventures, with participation from Mayfield India, Kalaari Capital, and Blume Ventures and...

Milkbasket acquires Veggie India

Daily grocery delivery start-up Milkbasket Tuesday said it has acquired Noida-based Veggie India for an undisclosed amount. As per the deal, all Veggie India employees, including founders Jainendra Upadhyay and Shailendra Upadhyay, will join Milkbasket. "The acquisition is in line with...

Budget 2019: Progressive, consumer-facing Budget, says India Inc

Keeping an eye on the upcoming Lok Sabha elections, Finance Minister Piyush Goyal today presented the Narendra Modi government's sixth and final budget before the polls. Highlighting the key initiatives of the government in the past four and half year, Finance...

Milkbasket launches operations in Bengaluru; to hire 2,500 people in 2 years

Milk delivery startup Milkbasket Wednesday said it plans to hire 2,500 people over the next two years and announced the launch of its services in Bengaluru. According to a PTI report: The company said it will hire people to support...

Led by Mayfield India, Milkbasket tops up its Series A with another US$ 7 million

Milkbasket, India’s first and largest daily top-up grocery delivery service, has announced an additional infusion of US$ 7 million to its Series A funding, led by Mayfield Advisors, a US-based venture capital firm. The round brings Milkbasket's total Series...

Milkbasket raises Rs 47 crore in series A round funding

Gurgaon-based Aaidea Solutions Pvt. Ltd, which runs micro-delivery grocery startup Milkbasket, has raised US $7 million (Rs 47 crore) in a Series A funding round led by early-stage investment firm Kalaari Capital. Singapore’s BeeNext and existing investors Unilever Ventures and...
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