Grocery delivery startup DailyNinja secures funding from Matrix Partners India

ASIA - The Indian online milk and grocery delivery platform, DailyNinja has secured an undisclosed amount of funding from the venture capital firm, Matrix Partners India with participation from existing investors- Sequoia India and Saama Capital. According to Times of India, the funds will be used to further strengthen DailyNinja’s presence in the daily essentials…

Milkbasket to expand engineering team five-fold and set new R&D Centre

ASIA - Milk and grocery delivery startup Milkbasket plans to expand its engineering team fivefold to 100 in the next nine months and set up a new research and development (R&D) centre, ET Retail reports. The development will enable the Gurgaon-based firm recommend users to products that they order frequently through machine learning. The R&D…

Indian grocery delivery startup Milkbasket launches voice-buying service

INDIA - The Indian grocery and milk delivery startup Milkbasket has unveiled a “voice-buying” service at its grocery stores, which it claims reduces the order time by over 50%. The service, available on Google Assistant or later on Amazon Alexa will allow customers to place their orders using voice command. The Gurugram-based grocery store is…

Milkbasket raises US$7m in Series A round of funding in milk and grocery delivery space

INDIA - Grocery and milk delivery startup MilkBasket has raised US$7 million in a Series A round of funding led by Kalaari Capital, along with BeeNext and existing investors Unilever Ventures and Blume Ventures. According to Economic Times, this is the latest funding in the milk and grocery delivery space, with players such as DailyNinja…