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.

What is the annual revenue of Milkbasket?

Annual revenue of Milkbasket is between ₹50 Cr and ₹100 Cr as on Mar 31, 2026

Where does Milkbasket rank among its competitors?

Milkbasket ranks 2nd amongst 25 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

Q: Is Milkbasket an acquired company?

Milkbasket got acquired by Reliance Retail on Aug 23, 2021.

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 25 active competitors, including 2 funded and 3 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 25 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2026

Employee Count

230 as on May 31, 2025

Investment & Acquisitions

Veggie India

Similar Companies

Pluckk & 68 more

Exit Details

Acquired by Reliance Retail (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	Reports
Aaidea Solutions Limited CIN: U52590HR2015PLC057185 , India, Active	Nov 05, 2015	₹50 - ₹100 Cr (As on Mar 31, 2026)	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 Retail 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	5127065	Series B	4928232	4003207	9227084	7596402
Jun 26, 2019	9942598	Venture Debt	3483533	9994128	4136841	Innoven Capital
May 24, 2019	8111366	Series B	5923734	4412947	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.
Contact Info: 1 phone number
Pms Prasad: CEO of Milkbasket.
Contact Info: 1 email address

Milkbasket's Board of Directors

Milkbasket's board has 10 active members. Anant Vishal Goel, Anurag Jain, Ashish Goel, Nikhil Khattau Nirvan and Pawan Chaturvedi are part of team and Dhirendra Harilal Shah, Radhika Rohidas Disale, Nikhil K S Chakrapani, 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
Anant Vishal Goel	Team	-	Current	10y 10m
Ashish Goel	Team	-	Current	10y 10m
ufoldaw	Team	-	Past	7y 8m
fxbitbj	Team	-	Past	1y 6m
Nikhil Khattau Nirvan	Investor	Mayfield	Current	7y 10m
Pawan Chaturvedi	Investor	Unilever Ventures	Current	8y 1m
huoy{vw	Investor	fzanznm	Past	8y 8m
{y{zoii	Independent board member	-	Past	1y 6m
atqzhj{	Independent board member	-	Past	1y 2m
lqhmicm	Independent board member	-	Past	5y 5m
jcrxybk	Independent board member	-	Past	6y 7m
rv{swzi	Independent board member	-	Past	1y 8m

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	Innoven Capital, Navi & 58 others	64/100
3rd	Daily Ninja 2015, Bengaluru (India), Acquired	Hyper-local subscription based delivery service of daily needs	$10.4M	Saama, Z47 & 60 others	56/100
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	Organic Bharat 2019, Gurugram (India), Unfunded	Online subscription-based grocery delivery services	-	-	32/100
10th	Dailykaart 2018, Bengaluru (India), Unfunded	Provider of daily delivery service for milk, eggs, and bread	-	-	32/100

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Looking for more details on Milkbasket's competitors? Click here to see the top ones

Aaidea Solutions Limited, the legal entity associated with Milkbasket, generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of Aaidea Solutions Limited has a compounded annual growth rate (CAGR) of -7% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	8313	8321	6126	6843	9315
Total Sales	5914	2584	3365	6754	5198
Total Expenses	4338	2571	5232	7797	6371
Operating Expenses	4388	9509	3221	3580	8824
Employee Expenses	6776	4296	3540	9298	8990
Marketing Expenses	3643	6048	1344	8359	4269
Operating Income (EBIT)	9424	3696	1516	3758	6974
Interest Expenses	4725	5030	1765	7769	9928
Expenses from other activities	1177	7687	5798	6498	1030
Information Technology Expenses	9227	8092	6718	6941	3040
EBITDA	2650	6194	3167	4293	3395
Taxes	3788	2770	5838	8407	5427
Net Profit	3278	8667	1749	2792	8620
Balance Sheet
Assets	2654	2414	7794	5917	7072
Cash Equivalent	5838	3793	6746	5748	1686
Accounts Receivables	4958	7228	3393	7759	1029
Inventory	2028	2452	3088	8896	9574
Liabilities	4211	1377	4820	4420	4275
Total Debt	7684	9767	3028	6380	7914
Accounts Payable	9248	3523	6641	4422	8595
Equities	3942	1892	1783	3797	1153
Cashflow Statement
Cash from Operating activities	2844	7135	7929	9083	6238
Cash from Investing activities	2291	5686	2888	1289	5915
Net cash from Financing activities	8673	5270	5705	1448	8588

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Funds (largest shareholder) own 66.70%, Enterprises own 1.85%, Angels own 4.57% and Other People own 23.30%. The cap table displayed below is for Aaidea Solutions Limited which is the legal entity associated with Milkbasket.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	66.70%	164Cr	3816417	7341561	6535180	7816085
Kalaari Capital	2675798	3815170	3724352	8516557	2675903	4955238
Mayfield	4033416	9434309	3100246	5251549	4104269	1089341
Unilever Ventures	7395497	9558547	7373408	9037850	4830468	4189598
Innoven Capital	85	21	47	34	96	42
Enterprise	1.85%	4.55Cr	7	2	2	5
Angel	4.57%	11.3Cr	8020	9163	7990	4392
Other People	23.30%	57.3Cr	7876673	3841738	9640658	3563331
ESOP Pool	3.55%	8.72Cr	720	955	990	757
Total	99.97%	246Cr	3115503	4207122	9280428	5343518