Milkbasket
| Private | |
| ISIN | 🆔 |
| Founded 📆 | 2015 |
| Founder 👔 | Anant Goel, Ashish Goel, Anurag Jain and Yatish Talvadia |
| Headquarters 🏙️ | , |
Area served 🗺️ | Gurgaon |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Introduction[edit]
Milkbasket is a daily contact-less online micro-delivery service of milk, groceries, personal care and other household products in Gurgaon. Headquartered in Gurgaon, the company was launched in 2015 by INSEAD alumnus Anant Goel with his co-founders, Ashish Goel, Anurag Jain and Yatish Talvadia. It is built on the Indian habit of getting milk delivered at home every morning and the company delivers only during one delivery slot, i.e., from 5 A.M. to 7 A.M. at the customers' doorstep.
History[edit]
Milkbasket founders started in 2015 by delivering milk to 22 households in their personal car with an initial capital seed of 50 Lacs by Ashish and Anant. By October, 2017 they had delivered around 1.5 million orders and employed around 200 people.
Investors[edit]
Total funding: $11Mn[1]
Milkbasket is funded by:[2]
- Blume Ventures,
- Kalaari Capital
- Lenovo Capital (LCIH),
- Empower Investments,
- Evergrowth International, Draphant
- Angel investors including:
- Peter Zou (CEO, YeahMobi),
- Zunyu Zhang (Fund Manger, HoFan Capital),
- Vinay Bansal (ex-CFO, Wildcraft),
- Vikas Chauhan of 1mg,
- Deepak Jain of Bain & Co,
- Nitish Rai Gupta (ex-CMO, Burger King)
Awards[edit]
Milkbasket was awarded the 'Startup of the Year 2017' at the 7th Small Business Awards.[3][4]
Milkbasket was awarded the 'Micro Logistics Startup of the Year' by Entrepreneur Group on July 16th, 2018.
References[edit]
- ↑ "Milkbasket | Crunchbase". Crunchbase. Retrieved 2018-05-20.
- ↑ "Milkbasket eyes Rs 200 cr revenue run rate by March 2019". The Financial Express. 2018-03-18. Retrieved 2018-05-20.
- ↑ "Milkbasket recognised as 'Startup of the Year' 2017". businesswireindia.com. Retrieved 2018-05-20.
- ↑ ANI (2018-02-16). "Milkbasket recognised as 'Startup of the Year' 2017". Business Standard India. Retrieved 2018-07-24.
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