Milkbasket is a micro-delivery service of daily essentials enabling users to place orders till midnight and an assured delivery by 7 AM
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.
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 |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Inflection Point Ventures | Yes | Series B |
InnoVen Capital | Yes | Debt Financing |
Kalaari Capital | — | Series B |
Draphant | — | Seed |