Milk delivery startups limit products to conserve cash, make supply chain efficient
Gurugram-based Milkbasket said it was scaling down operations in select localities in Bengaluru and Delhi NCR — its two largest markets. DailyNinja, which counts Matrix Partners and Sequoia Capital as investors and has raised about $10 million, is looking for a buyer
LetsVenture set to launch its healthcare council
Funding programme to focus on healthcare investments at seed and pre-Series-A stages.
Delivery startup DailyNinja acquires WakeupBasket
Operating in the same space as DailyNinja, WakeupBasket provides early morning delivery of ...
DailyNinja gets funding from Matrix, Sequoia & Saama Cap
Company aims to clock 1,00,000 daily transactions in the next six months.
DailyNinja buys out 4amShop in all-cash deal
Apart from Future Group, companies such as Big Basket and Swiggy are in talks to acquire companies in milk-delivery business.
DailyNinja to offer customers home services through HouseJoy
DailyNinja recently raised $1.7 million from Sequoia Capital, and aims to reach 1 lakh orders a day by the end of the year from the current daily subscribed orders of 25,000 in Bengaluru.
DailyNinja raises $3 million in a new round led by Saama Capital
Founded in July 2015 by Sagar Yarnalkar and Anurag Gupta, DailyNinja handles 25,000 orders daily and expects to increase it to 150,000 in 12 months.
Grocery and milk delivery startup Milkbasket gets $7 million in Series A
This is the latest funding in the milk and grocery delivery space, with players such as Daily-Ninja and Doodhwala also having picked up venture capital in recent months.
Stellaris, Fosun and others fund Lithius Energy
“Making shared mobility work reliably at scale, while keeping it affordable and convenient, is a massive technology problem. We spent many months building the dynamic routing algorithm,” Gautam Patil, cofounder of Loca, said.
Doodhwala comes via FreshToHome
Shan Kadavil, the chief executive of FreshToHome, said his company had not acquired Doodhwala and had instead provided a migration path for its customers.
Angel investors find others on startup deals through informal networks, syndicate platforms
A lot of times, it is a common philosophy, a shared comfort level and similar interests that bring these angels on the same page, said Padmaja Ruparel of IAN.
Swiggy lines up $100m to deliver milk, other essentials
Shreyas Nagdawane and Puneet Kumar, who started the company in 2015, are leading the business after the acquisition by Swiggy.
Milkbasket buys PSR supply chain
In March, Milkbasket acquired a Noida-based startup Veggie India to strengthen its foothold in the Delhi-NCR region.
Sachin Bansal's BACQ grants Rs 20 crore debt to Milkbasket
Milkbasket has raised close to $16 million from Mayfield Advisors, Beenext, Kalaari Capital, Unilever Ventures, Lenovo and Blume Ventures.
Milkbasket acquires Veggie India to boost household base
As per the deal, all Veggie India employees, including founders Jainendra Upadhyay and Shailendra Upadhyay, will join Milkbasket.
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