Business »  Topic »  Swiggy’s rival grocery startup eyes profitability in 2020; hits major milestone in key market

Swiggy’s rival grocery startup eyes profitability in 2020; hits major milestone in key market


Milk and grocery delivery startup Milkbasket on Thursday announced turning profitable in Gurugram where it has the largest customer base and gets around 50 per cent of its monthly revenue. The startup delivers daily need items such as milk, bread, eggs etc across NCR along with Hyderabad and Bengaluru. Milkbasket competes with Swiggy’s Supr Daily service, DailyNinja, and BigBasket while Bengaluru-based Doodhwala had closed operations last year. The company was launched in early 2015.

“Milkbasket’s contrarian model has been a mystery to many with individuals going to the limit of discrediting our unit economics and how they will ...


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