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Corporate

Mukesh Ambani’s Reliance in talks to acquire Urban Ladder, Milkbasket: TOI

Billionaire Mukesh Ambani-led Reliance Industries is reportedly in talks to acquire online furniture marketplace Urban Ladder and daily milk delivery service Milkbasket in an attempt to get a hold of the e-commerce business. According to a report by the Times Of India, the Indian conglomerate is in an advanced stage of talking with Urban Ladder […]

Categories
Investment

Milkbasket raises $5.5 mn funding led by Inflection Point Ventures

Milkbasket, a Gurugram-based micro-delivery startup fulfilling daily grocery and household needs of customers, announced that it has raised $5.5 million in funding led by Inflection Point Ventures.  Existing investors also participated in the current funding round. Till now the startup has raised over $38 million in funding. Founded in 2015 by Anant Goel, Ashish Goel, […]