Source: YourStory Media
Author: Sujata R Sangwan
Bengaluru-based grocery delivery startup Milkbasket has raised a fresh funding of $5.5 million led by Inflection Point Ventures with participation from existing investors.
With advanced and deep technology across the full-stack supply chain from sourcing to last-mile delivery, Milkbasket claims that it today serves over 130,000 households and fulfills an entire household needs with 9,000+ products across fruits and vegetables, dairy, bakery, and all other FMCG categories. Founded in 2015 by Anant Goel, Ashish Goel, Anurag Jain and Yatish Talvadia, it is currently operating in Gurgaon, Noida, Dwarka, Ghaziabad, Hyderabad, and Bengaluru.
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[Funding alert] Grocery delivery startup Milkbasket raises $5.5M led by Inflection Point Ventures
Bengaluru-based grocery delivery startup Milkbasket has raised a fresh funding of $5.5 million led by Inflection Point Ventures with participation from existing investors. Inflection Point Ventures (IPV) claims to have emerged as the only angel platform in India to lead a Series B round in a startup.
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