Milkbasket’s unusual stand-off

Everybody thinks the grocery delivery company should sell out. Except the company’s co-founders who believe it is their destiny to build a billion-dollar business.

Totally not the response I was expecting. 

My direct yet complicated and lengthy question to Anant Goel, co-founder and CEO of Milkbasket, the grocery delivery company, read thus: “Anant. I heard about this constant back and forth in the board on deciding to sell. Something which you don’t want. I know the rumours are there, but it mostly rests with what you want to do. Which should and maybe will piss off some investor on your cap table. I wanted to chat about what you are thinking.”

Seconds pass, leading into minutes and then almost an hour later, Goel replies: …

Author

Ashish K. Mishra

Ashish is the editor-in-chief of The Morning Context. One of the best-known business feature writers in India, he was selected for Germany’s Robert Bosch Stiftung Fellowship in 2012 and received the Mumbai Press Club RedInk certificate of recognition in 2015 for his story “Inside the Network 18 takeover”. Before joining The Morning Context, Ashish co-founded The Ken, where he was managing editor. His previous writing stints include Mint, Forbes India and The Economic Times.

Editor-in-chief

ashish@mailtmc.com

London