Milkbasket, a subscription based micro-delivery e-commerce company, has raised about ₹3.35 crore ($500,000) from EVC Ventures; Zhu Dao Investments; Peter Zou, Partner, Beam Capital VC and CEO of YeahMobi; and Vikas Banga and Manav Kamboj of Snapdeal. It will use the money to expand the core team, strengthen technology and improve logistics.
Milkbasket is a micro-delivery service, fulfilling daily grocery and household needs with an in-house last-mile logistics solution.
Users can order anything from milk to fresh fruits for a guaranteed delivery at 7 am.
Milkbasket, a subscription based micro-delivery e-commerce company, has raised about ₹3.35 crore ($500,000) from EVC Ventures; Zhu Dao Investments; Peter Zou, Partner, Beam Capital VC and CEO of YeahMobi; and Vikas Banga and Manav Kamboj of Snapdeal. It will use the money to expand the core team, strengthen technology and improve logistics.
Milkbasket is a micro-delivery service, fulfilling daily grocery and household needs with an in-house last-mile logistics solution.
Users can order anything from milk to fresh fruits for a guaranteed delivery at 7 am.
Founded by Anant Goel, Ashish Goel, Anurag Jain and Yatish Talvadia in 2015, Milkbasket now serves 15 clusters in Gurgaon, each cluster having a user base of around 500.http://www.thehindubusinessline.com/info-tech/milkbasket-raises-335-crore/article8524625.eceTo Top