A startup that delivers milk and grocery called DailyNinja has reportedly raised an undisclosed amount in a funding round led by Matrix Partners India. The particular round also saw participation from existing investors including Sequoia India and Saama Capital.
The funds raised will be used to accelerate growth, expand its footprint and hire professional talent. Also, the company aims to achieve a target of 1,00,000 daily transactions in the next six months, almost tripling its current daily volumes of 35,000.
“We want to grow as fast as we can and have the maximum number of customers on our platform,” said Sagar Yarnalkar, chief executive of DailyNinja. “We also want to expand our team and hire talent for operations and tech.”
DailyNinja is a Bengaluru-based company that was founded in 2015 by Yarnalkar and Anurag Gupta. The company basically is operational in Bengaluru, Hyderabad and Chennai and is concerned with the delivery of items of daily needs such as grocery and milk products.
This comes just a few months after the company raised $3 million in a round led by Saama Capital.