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Milkbasket, a subscription based micro-delivery e-commerce company, has raised about ₹3.35 crore ($500,000) from EVC Ventures; Zhu Dao Investments; Peter Zou, Partner, Beam Capital VC and CEO of YeahMobi; and Vikas Banga and Manav Kamboj of Snapdeal. It will use the money to expand the core team, strengthen technology and improve logistics.
Milkbasket is a micro-delivery service, fulfilling daily grocery and household needs with an in-house last-mile logistics solution.
Users can order anything from milk to fresh fruits for a guaranteed delivery at 7 am.
Founded by Anant Goel, Ashish Goel, Anurag Jain and Yatish Talvadia in 2015, Milkbasket now serves 15 clusters in Gurgaon, each cluster having a user base of around 500.
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