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Food

Milkbasket raises US$ 10.5 mn from Unilever Ventures, others

Indiaretailing Bureau -
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...
Food

Milkbasket acquires Veggie India

Indiaretailing Bureau -
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...
Retail

Budget 2019: Progressive, consumer-facing Budget, says India Inc

Indiaretailing Bureau -
Keeping an eye on the upcoming Lok Sabha elections, Finance Minister Piyush Goyal today presented the Narendra Modi government's sixth and final budget before the polls. Highlighting the key initiatives of the government in the past four and half year, Finance...
Food

Milkbasket launches operations in Bengaluru; to hire 2,500 people in 2 years

Indiaretailing Bureau -
Milk delivery startup Milkbasket Wednesday said it plans to hire 2,500 people over the next two years and announced the launch of its services in Bengaluru. According to a PTI report: The company said it will hire people to support...
Food

Led by Mayfield India, Milkbasket tops up its Series A with another US$ 7 million

Indiaretailing Bureau -
Milkbasket, India’s first and largest daily top-up grocery delivery service, has announced an additional infusion of US$ 7 million to its Series A funding, led by Mayfield Advisors, a US-based venture capital firm. The round brings Milkbasket's total Series...
Food

Milkbasket raises Rs 47 crore in series A round funding

Indiaretailing Bureau -
Gurgaon-based Aaidea Solutions Pvt. Ltd, which runs micro-delivery grocery startup Milkbasket, has raised US $7 million (Rs 47 crore) in a Series A funding round led by early-stage investment firm Kalaari Capital. Singapore’s BeeNext and existing investors Unilever Ventures and...
Food

Milkbasket eyes Rs 200 cr revenue run rate by March 2019

Indiaretailing Bureau -
Unilever Ventures-backed grocery delivery platform Milkbasket aims to touch a revenue run rate of Rs 200 crore by the next fiscal as it ramps up its operations and expands headcount. According to a PTI report: The company, which was founded...
Food

Milkbasket to hire 2,000 employees within next 12-18 months

Indiaretailing Bureau -
Micro delivery platform Milkbasket said that the company plans to hire at least 2,000 employees within next 12-18 months. According to a PTI report: Milkbasket was launched in early 2015. It has a daily reach to over 35,000 households in...
Food

Milkbasket secures US $3 mn funding in Pre-Series A Round

Indiaretailing Bureau -
Online micro-delivery platform Milkbasket has announced securing investment worth US $3 million in a Pre-Series A Round comprising Unilever Ventures, the venture capital and private equity arm of Unilever. According to a ANI report: This investment and Unilever's expertise will...
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Fashion & LifestyleIndiaretailing Bureau -

Marks & Spencer opens first store in Siliguri, West Bengal

With its new store in Siliguri, M&S has a total of four stores in the state of West Bengal New...
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