When was Milkbasket founded?

Milkbasket was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Milkbasket located?

Milkbasket is headquartered in Gurugram, India. It is registered at Splendor Trade Tower Fifth Floor Village Tigra, Golf Course Extension Road Sector 65, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122018.

Who is the current CEO of Milkbasket?

Anant Vishal Goel and Pms Prasad s of Milkbasket. Anant Vishal Goel has also founded 1 company and is an angel investors in 1 startup.

Which legal entities is Milkbasket associated with?

Milkbasket is associated with Aaidea Solutions Limited and 1 other.

How many employees does Milkbasket have?

As of May 31, 2025, the latest employee count at Milkbasket is 230.

Is Milkbasket a funded company?

Milkbasket is a funded company, having raised a total of $35.1M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 26, 2016.

How much is Milkbasket worth?

The last known valuation of Milkbasket was $***** as of Aug 23, 2021.

When was the latest funding round of Milkbasket?

Milkbasket's latest funding was a $***** Series B round on Mar 11, 2020, with participation from 8 investors. Its primary sector is Online Grocery. In India, the Online Grocery sector has seen $342M in funding in 2026 to date.

What is the annual revenue of Milkbasket?

Annual revenue of Milkbasket is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Milkbasket rank among its competitors?

Milkbasket ranks 2nd amongst 28 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Pluckk, which secured $10.8M in Mar, 2026.

Who are the top competitors of Milkbasket?

Milkbasket's top competitors include Pluckk, Daily Ninja and FTH Daily. Among them, Pluckk secured the most recent funding round in March, 2026.

Milkbasket - 2026 Company Profile, Team, Funding, Competitors & Financials

Milkbasket is an acquired company based in Gurugram (India), founded in 2015 by Anant Vishal Goel. It operates as an Online subscription-based platform offering daily grocery needs. Milkbasket has raised $35.1M in funding from investors like Unilever Ventures, Kalaari Capital and Mayfield, with last known valuation of $*****. The company has 28 active competitors, including 2 funded and 4 that have exited. Its top competitors include companies like Pluckk, Daily Ninja and FTH Daily.

Company Details

MilkBasket is an online subscription-based platform offering daily grocery needs. The product catalog includes fruits, vegetables, milk, bread, eggs, yogurts, and more. The company provides delivery service in Delhi-NCR, Hyderabad, Bangalore, Gurgaon, Noida, Greater Noida, and more. The mobile application is available for Android and iOS users.

Website: milkbasket.com
Social
Email ID: *****@milkbasket.com
Phone Number: +91 **********
Registered Address: Splendor Trade Tower Fifth Floor Village Tigra, Golf Course Extension Road Sector 65, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122018

Key Metrics

Founded Year

2015

Location

Gurugram, India

Stage

Acquired

Total Funding

$35.1M in 10 rounds

Latest Funding Round

Series B, Mar 11, 2020, $*****

Last Known Valuation

$***** as on Aug 23, 2021

Investors

Unilever Ventures & 59 more

Ranked

2^nd among 28 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

230 as on May 31, 2025

Investment & Acquisitions

Veggie India

Similar Companies

Pluckk & 70 more

Exit Details

Acquired by Reliance Industries (Aug 23, 2021)

View Milkbasket's full profile

Milkbasket is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Aaidea Solutions Limited CIN: U52590HR2015PLC057185 , India, Active	Nov 05, 2015	₹50 - ₹100 Cr (As on Mar 31, 2025)	115 (As on May 31, 2025)
DOORSTEP RETAIL SOLUTIONS PRIVATE LIMITED CIN: U46201HR2016PTC058127 , India, Active	Feb 08, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	2 (As on Mar 01, 2024)

Milkbasket got acquired by Reliance Industries on Aug 23, 2021 at an acquisition amount of $*****.

Click here to take a look at Milkbasket's acquisition in detail

Milkbasket has raised a total funding of $35.1M over 10 rounds. Its first funding round was on Apr 26, 2016. Its latest funding round was a Series B round on Mar 11, 2020 for $*****. 8 investors participated in its latest round. Milkbasket has 26 institutional investors and 34 angel investors.

Here is the list of recent funding rounds of Milkbasket:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 11, 2020	6500626	Series B	5216295	1581781	2533945	4249024
Jun 26, 2019	4727018	Venture Debt	3407573	5440973	6923553	Innoven Capital
May 24, 2019	1999646	Series B	5559367	1881742	Unilever Ventures	Mayfield & 5 more

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View details of Milkbasket's funding rounds and investors

The founders of Milkbasket is Anant Vishal Goel. Pms Prasad is the CEO of Milkbasket.

Here are the details of Milkbasket's key team members:

Anant Vishal Goel: Former Founder & CEO of Milkbasket and founder of 4 other companies, including Handpickd, Sorted and BCFD Technologies. They are also an angel investor in 1 startup and serve on the board of 1 company.
Pms Prasad: CEO of Milkbasket.
Contact Info: 1 email address

Milkbasket's Board of Directors

Milkbasket's board has 10 active members. Ashish Goel, Anant Vishal Goel, Anurag Jain, Nikhil Khattau Nirvan and Pawan Chaturvedi are part of team and Dhirendra Harilal Shah, Nikhil K s Chakrapani, Radhika Rohidas Disale, Chandrakant Shripad Gokhale and Rajendra Madhav Kamath are independent board members.

Here is the list of Milkbasket's board of directors:

Name	Type	Representing	Status	Duration
Ashish Goel	Team	-	Current	10y 8m
Anant Vishal Goel	Team	-	Current	10y 8m
xsfueaa	Team	-	Past	6y 8m
agjibte	Team	-	Past	2y 2m
Nikhil Khattau Nirvan	Investor	Mayfield	Current	7y 8m
Pawan Chaturvedi	Investor	Unilever Ventures	Current	7y 11m
rxizlrl	Investor	aklhkdd	Past	5y 2m
dbygurn	Independent board member	-	Past	7y 3m
aojldza	Independent board member	-	Past	4y 7m
czesksp	Independent board member	-	Past	3y 4m
pppvyhh	Independent board member	-	Past	7y 1m
vcymsfk	Independent board member	-	Past	7y 6m

View details of Milkbasket's Founder profiles and Board Members

Milkbasket's employee count trend

Milkbasket has 230 employees as of May 25. Here is Milkbasket's employee count trend over the years:

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Top competitors of Milkbasket include Pluckk, Daily Ninja and FTH Daily. Here is the list of Top 10 competitors of Milkbasket, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pluckk 2017, Mumbai (India), Series A	Online retailer of fresh fruits, vegetables, exotics, cuts, and mixes	$31.9M	Golden Merchandisers, Exponentia Ventures ... & 4 others	69/100
2nd	Milkbasket 2015, Gurugram (India), Acquired	Online subscription-based platform offering daily grocery needs	$35.1M	Blume Venture, Navi & 58 others	64/100
3rd	Daily Ninja 2015, Bengaluru (India), Acquired	Hyper-local subscription based delivery service of daily needs	$10.4M	Z47, Sequoia Capital & 60 others	60/100
4th	FTH Daily 2019, Bengaluru (India), Unfunded	App-based subscription platform offering groceries	-	-	42/100
5th	DailyWale 2016, Indore (India), Unfunded	Subcription-based grocery delivery services provider	-	-	39/100
6th	AM Needs 2019, Thiruvananthapuram (India), Acquired	Subscription-based delivery of grocery products	$64K	Kerala Startup Mission & 4 others	37/100
7th	InsanelyGood 2015, Bengaluru (India), Seed	Online platform offering high-quality groceries	-	Venture Catalysts & 4 others	36/100
8th	DailyMoo 2018, Bhubaneswar (India), Unfunded	Platform offering subscription-based dairy products	-	-	33/100
9th	Oriz Mart 2019, Mumbai (India), Unfunded	Online grocery and food delivery platform	-	-	33/100
10th	Organic Bharat 2019, Gurugram (India), Unfunded	Online subscription-based grocery delivery services	-	-	32/100

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Funds (largest shareholder) own 66.70%, Enterprises own 1.85%, Angels own 4.57% and Other People own 23.30%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	66.70%	164Cr	9443958	5451367	4691921	8954872
Kalaari Capital	1221561	5341465	6735386	6932300	8695010	3519615
Mayfield	5881271	5823215	4959341	2215987	5248211	4373725
Unilever Ventures	8713903	6020743	8970847	8780991	6543717	7845864
Innoven Capital	98	78	57	88	75	27
Enterprise	1.85%	4.55Cr	7	3	2	3
Angel	4.57%	11.3Cr	2253	7810	4002	9115
Other People	23.30%	57.3Cr	4196639	8655849	6887568	9354221
ESOP Pool	3.55%	8.72Cr	937	456	468	258
Total	99.97%	246Cr	5246750	9927683	6365408	4627092