CHENNAI:
Flipkart co-founder
Sachin Bansal
’s firm
BACQ
has invested Rs 20 crore in daily grocery delivery service,
Milkbasket
.
Anant Goel
, co-founder and CEO of Milkbasket, said, “We are excited to have Sachin Bansal and BACQ on board. Our shared passion for technology-led innovation will lead to incredible growth for Milkbasket. These funds would give us the needed CAPEX and R&D investments in all the three domains.” Anant added.
Milkbasket has raised close to $16 million from Mayfield Advisors, Beenext, Kalaari Capital, Unilever Ventures, Lenovo and Blume Ventures.
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