DailyNinja Received INR 2.67 Crore From BigBasket Post Acquisition

  • BigBasked has announced acquisition of Online milk delivery platform DailyNinja in March, 2020
  • Company was founded by Sagar Yarnalkar and Anurag Gupta in 2015
DailyNinja received investment from BigBasket

DailyNinja, an online milk delivery app, has infused INR 2.67 Cr in the online milk delivery startup by issuing 7,695 equity shares for ₹3,454 per share with a nominal value of ₹10. The company was founded by Sagar Yarnalkar and Anurag Gupta in 2015.

Prior to this acquisition, DailyNinja had raised an undisclosed amount from Mumbai-based venture capital firm Matrix Partners India in September 2018. The company had raised $3 Mn from Saama Capital and Sequoia Capital. Kunal Shah and Sandeep Tandon of Freecharge, Aprameya Radhakrishna of TaxiForSure, and Anupam Mittal are some of the investors of DailyNinja.

DailyNinja also acquired two Hyderabad-based startups WakeUpBasket and 4amShop. These acquisitions helped DailyNinja to expand its network and customer base. Currently, DailyNinja serves over 110K customers daily.