Milkbasket

Milkbasket is a hyperlocal delivery app is becoming an online replacement for the shop around the corner and using technology to make your life easier.

Milkbasket is India's first subscription based micro-delivery service fulfilling daily grocery and household needs of customers every morning.

Milkbasket was founded in 2015 by Anant Goel, Ashish Goel, Anurag Jain, & Yatish Talvadia and is based in Gurgaon, Haryana, India.

Milkbasket delivers milk, bread, eggs, butter, juices and other daily need items every morning, right at your doorstep, free of charge.

Milkbasket is working on a technology that frees the customer from having to do anything. Currently the platform is becoming intelligent enough to remember and repeat items. This is done by understanding user behaviour and buying patterns through machine learning,” he says.

 

Milkbasket is backed by investors including Mayfield Fund, Unilever Ventures, InnoVen Capital, Blume Ventures, & Kalaari Capital among others. The company raised ₹150M in it's latest funding of a "Debt Financing" round on Jun 27, 2019. This brings Milkbasket's total funding to $32M to-date. The company has also acquired Veggie India, & PSR Supply Chain Services to-date.

 

 

  • Year founded: 2015
  • Funding Info: $32M in 8 Funding Rounds (Last Funding Type: Debt Financing)
  • Yearly Revenue: Rs 35 crore (2018)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Gurgaon
  • State: Haryana
  • Country: India
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