Gurugram-based Milk Delivery Startup Raises $7 Mn Series A Funding
Milkbasket, the grocery and milk delivery startup, recently raised $7 million in a series-A funding round led by Kalaari Capital. This funding round also saw the participation of existing investors Unilever Ventures and Blume Ventures and the arrival of new investor Beenext Ventures.
The milk and grocery delivery space has seen several investments in recent times with startups such as Daily Ninja and Doodhwala raising funds. Earlier this year, Milkbasket raised $3 million from investment arm of consumer packaged goods company, Unilever.
This latest influx of capital means that the milk and delivery startup has so far raised about $11 million. CEO Anant Goel announced that the funds raised will strengthen the startup’s technology, reach and abilities.
Milkbasket currently serves ab...