Former Foodpanda India engineering head Nitin Gupta joins Milkbasket

Nitin Gupta, head of Milkbasket's engineering operations. Photo Livemint.

Grocery daily startup Milkbasket on Thursday announced the appointment of ex-Ola executive, Nitin Gupta, as Head of its engineering operations.

An III-T Hyderabad Computer Science graduate, Nitin has spent over 6 years with Ola and previously headed Foodpanda India’s engineering operations. He started his career with a gaming startup and also worked with Flipkart from 2011 to 2012.

“Milkbasket is the most loved grocery platform – solving a real customer problem and I am excited to work with Anant and the team to scale Milkbasket to new heights and make it a formidable e-grocery startup for the world,” said Nitin Gupta, Head of Engineering at Milkbasket in a statement.

“Technology is at the core of what we do every day. Technology, we believe, is also our edge and defensive moat against many heavily funded players in this space. I’m excited about the depth of experience Nitin brings with him and this shall be highly instrumental in Milkbasket’s continuous endeavor to create a seamless grocery fulfillment platform for households across India.,” added Anant Goel, chief executive of Milkbasket.

Initially launched in its home base Gurgaon in October 2018, Milkbasket is now serving close to 200,000 Households across 7 cities. To support its growth trajectory, the company said it is looking to further strengthen its leadership team and hiring operations across marketing, technology and operation verticals.

In June, the company raised fresh funds worth 15 crore from venture debt firm InnoVen Capital, marking its first successful debt funding deal. To date, it has raised close to $26 million in equity funding from Mayfield, Beenext, Kalaari Capital, Unilever Ventures, Lenovo Capital (LCIH), Blume Ventures and few family offices.

This article was first published on livemint.com

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Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.