Milkbasket makes second acquisition, buys e-grocer PSR Supply Chain

Vijayakumar Pitchiah

Micro-delivery startup Milkbasket announced that it has made its second acquisition by acquiring Bengaluru-based PSR Supply Chain ....

9 July, 2019

Funding roundup: Curefit tops the chart as deal value breaches $350 mn again

Kavya Kothiyal

Startup funding activity in the last week of June was almost a mirror image of the week before, with a couple of high-value deals ....

28 June, 2019
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InnoVen Capital adds venture debt to Milkbasket’s Series B round

Kavya Kothiyal

Micro-delivery startup Milkbasket on Wednesday said it has raised Rs 15 crore ($2.15 million at the current exchange rate) in ....

26 June, 2019

Startup funding value jumps 76% this week even as deal volume falls

Kavya Kothiyal

The first week of June saw a 76% rise in startup deal-making activity, with the transaction value reaching about $162 million ....

7 June, 2019

Sachin Bansal’s BAC Acquisitions calls off investment in Milkbasket

Binu Paul

More than one month after Flipkart co-founder Sachin Bansal’s BAC Acquisitions committed to loan Rs 20 crore ($2.86 million ....

7 June, 2019

Unilever Ventures leads $10.5 mn funding for grocery delivery firm Milkbasket

Binu Paul

Grocery delivery startup Milkbasket has raised its largest funding worth $10.5 million (Rs 73 crore at current exchange rate), ....

4 June, 2019
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Reliance to disrupt e-commerce sector, Paytm Mall’s biz model unsustainable: Forrester

Om Athavale

The size of India's online retail market is likely to touch $85 billion by 2023, Massachusetts-based market research company ....

17 May, 2019

Investors keep piling into fin-tech; logistics platform BlackBuck close to unicorn status

Kavya Kothiyal

Startups in the financial technology segment yet again remained the flavour of the week even as logistics company BlackBuck came ....

3 May, 2019

Exclusive: Sachin Bansal backs micro-delivery grocery startup Milkbasket

Vijayakumar Pitchiah

Micro-delivery grocery startup Milkbasket has raised debt funding from Flipkart co-founder Sachin Bansal, two people directly ....

29 April, 2019

Delhivery, BigBasket close mega funding rounds among 15 startups funded this week

Kavya Kothiyal

A myriad of online businesses, from e-commerce to a bus aggregator to a business-to-business (B2B) marketplace, dominated startup ....

29 March, 2019
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Milkbasket buys grocery delivery startup Veggie India

Vijayakumar Pitchiah

Micro-delivery startup Milkbasket announced on Tuesday that it has acquired Noida-based online grocery venture Veggie India for ....

26 March, 2019

From groceries to e-tailing, hyperlocal delivery startups back in the limelight

Kavya Kothiyal

Last month, food-tech unicorn Swiggy started offering home delivery of groceries and other daily essentials. And last week, Reliance ....

6 March, 2019

Baxi pivots to hyperlocal delivery as bike taxi biz turns unviable

Binu Paul

Gurugram-based startup Baxi has pivoted from employing full-time bike taxi riders to hyperlocal delivery of milk and other daily ....

26 December, 2018

Micro-delivery grocery startup Milkbasket doubles Series A funding round

Vijayakumar Pitchiah

Gurugram-based micro-delivery grocery startup Milkbasket has raised $7 million (Rs 49 crore) in an extended Series A round led ....

19 December, 2018

Exclusive: Micro-delivery grocery firm Milkbasket raises fresh funds from Mayfield

Vijayakumar Pitchiah

Gurugram-based micro-delivery grocery service Milkbasket has raised closed to Rs 10 crore ($1.37 million at current exchange rates) ....

12 November, 2018

BigBasket acquires RainCan to boost subscription delivery service

Binu Paul

Online grocer BigBasket, run by SuperMarket Grocery Supplies Pvt. Ltd, has acquired subscription-based e-grocery startup RainCan ....

18 October, 2018

Hyperlocal delivery startup DailyNinja acquires WakeupBasket

Kavya Kothiyal

Hyperlocal delivery startup DailyNinja has acquired Hyderabad-based WakeupBasket in a cash-and-equity deal, a company statement ....

16 October, 2018

Subscription-based grocery delivery not right for India: Milkbasket’s Anant Goel

Vijayakumar Pitchiah

When Milkbasket, the micro-delivery grocery service owned by Gurgaon-based Aaidea Solutions Pvt. Ltd, started up in 2015, milk, ....

12 September, 2018

Online grocery store BigBasket’s combined net loss widens for FY17

Shweta Sharma

Alibaba-backed online food and grocery store BigBasket posted an increase in its combined net loss for front-end and back-end ....

30 May, 2018

Micro-delivery grocery startup Milkbasket bags $7-mn Series A cheque

Priya Prasad

Gurgaon-based Aaidea Solutions Pvt. Ltd, which runs micro-delivery grocery startup Milkbasket, has raised $7 million (Rs 47 crore) ....

22 May, 2018

Unilever Ventures backs micro-delivery grocery startup Milkbasket

Anand J

Gurgaon-based Aaidea Solutions Pvt. Ltd, which runs micro-delivery grocery startup Milkbasket, has raised $3 million (around Rs ....

23 January, 2018