Milkbasket
Reliance in talks to acquire Urban Ladder, Milkbasket, says report
According to a report, the discussion with Urban Ladder has been going on for the last few months and is now at an advanced stage
 "Reliance in talks to acquire Urban Ladder, Milkbasket, says report")
Milkbasket eyes break even in Jul-Sept quarter on rising e-commerce demand
Milkbasket is present in four cities so far including Gurugram, Noida, Bengaluru and Hyderabad. Goel said, the company had achieved break-even in three cities and Hyderabad would join the list soon
 "Milkbasket eyes break even in Jul-Sept quarter on rising e-commerce demand")
Milkbasket raises $5.5 mn in Inflection Point-led fresh funding round
According to Milkbasket, its Gurgaon, Noida and Bengaluru operations are already breaking even with other cities on an accelerated track
 "Milkbasket raises $5.5 mn in Inflection Point-led fresh funding round")
Milkbasket raises $5.5 mn funding round led by Inflection Point Ventures
Existing investors Blume Ventures, Kalaari Capital, Mayfield India, Unilever Ventures and BeeNext have also participated in the Series B round, a statement said
 "Milkbasket raises $5.5 mn funding round led by Inflection Point Ventures")
E-grocers resume work as states step in amid coronavirus lockdown
Delivery picks up slowly, but firms struggle as staff stay away
Coronavirus impact: Delivery for e-commerce firms comes to a grinding halt
Government of Karnataka and Maharashtra have now put out an order saying that e-commerce shall be excluded from the restrictions to prevent the spread of Covid-19.
 "Coronavirus impact: Delivery for e-commerce firms comes to a grinding halt")
Grocery delivery firm Milkbasket acquires Bengaluru-based PSR Supply Chain
Earlier this year, Milkbasket had acquired Noida-based Veggie India
 "Grocery delivery firm Milkbasket acquires Bengaluru-based PSR Supply Chain")
Milkbasket to fund Rs 10 cr to scale up biz as it aims 10 scouring centres
Milkbasket co-founder and CEO Anant Goel said the company will continue to invest significantly to establish a robust processing and distribution network over the next year
Milkbasket raises $10.5 mn from Unilever Ventures, Kalaari Capital, others
Milkbasket said more than 70 per cent of its revenue comes from non-milk products
 "Milkbasket raises $10.5 mn from Unilever Ventures, Kalaari Capital, others")
Milkbasket offers daily doorstep grocery before 7 am
Indian market for food & grocery is estimated at $413 bn & is expected to grow at a rate of 25-30%
Micro-delivery ecommerce firm Milkbasket raises $500K in pre-Series-A round
Funds will be used to expand the core team, enhance technology and beef up the logistics
 "Micro-delivery ecommerce firm Milkbasket raises $500K in pre-Series-A round")
