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Funding Round

Series B - Milkbasket

Series B - Milkbasket

Investment Firm

Overview

Milkbasket is a micro-delivery service of daily essentials enabling users to place orders till midnight and an assured delivery by 7 AM

Announced Date

Jun 20, 2020

Funding Type

Series B

Highlights

Location

India, Asia

Social

Investor Lead

Inflection Point Ventures

Inflection Point Ventures

Inflection Point Ventures is a convertible_note and early_stage_venture and secondary_market and seed and venture firm.

Participant Investors

7

Investor Name
Participant InvestorUnilever Ventures
Participant InvestorBlume Ventures
Participant InvestorMayfield Fund
Participant InvestorBEENEXT
Participant InvestorKalaari Capital

Round Details and Background

Milkbasket raised $5500000 on 2020-06-20 in Series B

Milkbasket is a micro-delivery service of daily essentials enabling users to place orders till midnight and an assured delivery by 7 AM

Company Funding History

11

Announcment DateTransaction NameNumber Of InvestorsLead InvestorMoney Raised
Jan 01, 2014
Seed Round - Milkbasket
1-undefined
Jun 20, 2020
Series B - Milkbasket
7-5.5M
Aug 23, 2017
Seed Round - Milkbasket
2-840.9K
Apr 26, 2016
Seed Round - Milkbasket
8-500.0K

Recent Activity

News

Jun 25, 2020

foodbusinessafrica.com - Indian food and grocery delivery startup Milkbasket raises US$5.5m in new funding round

News

Jun 22, 2020

Business Standard India - Milkbasket raises $5.5 mn funding round led by Inflection Point Ventures

News

Jun 22, 2020

BusinessLine - Milkbasket raises $5.5 m in round led by Inflection Point Ventures

News

Jun 21, 2020

Moneycontrol - Milkbasket raises $5.5 million, says aims to be profitable in 2020