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Milkbasket plans to launch IPO next year

Daily grocery delivery platform Milkbasket has advanced its plan to launch an initial public offering by the second half of next year, buoyed by strong growth in business in recent months amid the pandemic, a top company executive said. Speaking...

Milkbasket raises US$ 10.5 mn from Unilever Ventures, others

Grocery delivery startup Milkbasket Tuesday said it has raised an additional US$ 10.5 million (approx Rs 69.20 crore) in its latest round of funding led by Unilever Ventures, with participation from Mayfield India, Kalaari Capital, and Blume Ventures and...

Milkbasket acquires Veggie India

Daily grocery delivery start-up Milkbasket Tuesday said it has acquired Noida-based Veggie India for an undisclosed amount.As per the deal, all Veggie India employees, including founders Jainendra Upadhyay and Shailendra Upadhyay, will join Milkbasket."The acquisition is in line with...

Peppertap shuts grocery delivery, lays off 150 people

PepperTap, on-demand hyperlocal grocery delivery service, has shut down its cash-burning grocery delivery operations and has decided to focus on expanding its logistics business. According to a report in PTI: Citing issues like high customer acquisition costs and poor app...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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