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Milkbasket
About
Milkbasket is a micro-delivery service of daily essentials enabling users to place orders till midnight and an assured delivery by 7 AM
- 501 - 1000
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $5.50M
- Industries
- Delivery Service,E-Commerce,Food and Beverage,Internet
- Founded date
- Mar 1, 2015
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
Launched in early 2015, Milkbasket is India’s first and largest micro – delivery service of daily essentials. Built on the unique Indian habit of getting fresh milk delivered at home every morning, Milkbasket is today fulfilling the entire grocery needs of a household everyday with 6000+ products across 13+ categories. Milkbasket has innovated flexi-ordering and contactless deliveries, both global first, that enables its users to add or modify their orders till late midnight and get their no-disturbance silent deliveries right at their doorstep by 7 am next morning.Milkbasket, backed by Reliance, is currently live in 20+ cities including major cities like Delhi NCR, Bangalore, Hyderabad, Chennai, Jaipur, Ahmedabad and expanding its footprints across other major Tier I and Tier II cities.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 20, 2020 | Series B | $5.50M | 2 |
Inflection Point Ventures
|
— | Detail |
| Jun 27, 2019 | Debt Financing | ₹150M | 1 |
InnoVen Capital
|
— | Detail |
| Jun 4, 2019 | Series B | $10.50M | 1 | — | — | Detail |
| Dec 19, 2018 | Series A | $7M | 1 | — | — | Detail |
| May 22, 2018 | Series A | $7M | 1 |
Kalaari Capital
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Inflection Point Ventures
|
Yes | Series B |
|
InnoVen Capital
|
Yes | Debt Financing |
|
Kalaari Capital
|
— | Series B |
Draphant
|
— | Seed |
