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Milkbasket

Milkbasket

Milkbasket is a daily micro-delivery service that caters to consumers' shopping and housekeeping needs.

OverviewStructured DataIssuesContributors

Contents

milkbasket.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Logistics
Logistics
Mobile commerce
Mobile commerce
E-commerce
E-commerce
Location
Haryana
Haryana
B2X
B2C
B2C
0
CEO
Anant Goel
Anant Goel
Founder
Yatish Talavadia
Yatish Talavadia
Ashish Goel
Ashish Goel
Anant Goel
Anant Goel
AngelList URL
angel.co/milkbasket-1
Pitchbook URL
pitchbook.com/profiles...156575-35
Parent Organization
‌
Reliant Retail
Number of Employees (Ranges)
201 – 5000
Investors
Mayfield Fund
Mayfield Fund
Inflection Point Ventures
Inflection Point Ventures
0
InnoVen Capital
InnoVen Capital
0
Blume Ventures
Blume Ventures
‌
Lenovo Capital
Empower Investment
Empower Investment
EVC Ventures
EVC Ventures
Unilever Ventures
Unilever Ventures
...
Founded Date
2015
0
Total Funding Amount (USD)
34,975,800
Latest Funding Round Date
June 20, 2020
Competitors
Astro
Astro
Blue Apron
Blue Apron
Supr Daily
Supr Daily
CTO
Ashish Goel
Ashish Goel
Latest Funding Type
Series B
Series B
Wellfound ID
milkbasket-1
Country
India
India

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
5,500,000

Milkbasket is an online grocery delivery service in Delhi-NCR providing services in Bangalore, Gurgaon, Noida, Greater Noida, and Ghaziabad. The company delivers household and grocery items like fruits, vegetables, milk, bread, eggs, and yogurts from an assortment of about 5,000 branded products.

Milkbasket is owned by Reliance Retail. In 2023, Reliance Retail began integrating Milkbasket with its e-commerce arm, JioMart. They denied speculations that Reliance Retail planned to rebrand Milkbasket and launch the Jio Smart Daily platform.

In March 2023, the company’s cofounder (Yatish Talvadia), chief operating officer (Abhinav Imandi), and chief financial officer (Gaurav Srivastava) left Milkbasket following the integration with JioMart. There were media reports of layoffs of about 600 employees, including the offline marketing, sales, and head office teams. These reports were also denied by the company.

Timeline

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
Link
Type
Date
No Further Resources data yet.

References

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