About DailyBasket
DailyBasket is a Retail company based in Coimbatore (India) founded in 2020. It offers an online subscription platform for convenient grocery delivery. It operates on a B2C model. Its Indian entity Letsdaily India Private Limited reported revenue of ₹7.5 Lakh. Its focus areas include E-commerce, Grocery Delivery and Subscription Services. Its competitors include Milkbasket, Daily Ninja and FTH Daily; 2 of its 3 listed competitors have raised funding.
Company details
DailyBasket offers an online subscription platform for convenient grocery delivery through operating online marketplaces, engaging in retail operations, offering grocery delivery, and managing subscriptions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Coimbatore, India
- SectorsRetail
- Website dailybasket.com
- Social Facebook
- Legal Name Letsdaily India Private Limited
- Date of Incorporation 08 Jun, 2020
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹7.5 Lakh
FY 2021
- Net Loss-₹6.8 Lakh
FY 2021 · -91% margin
- EBITDA-₹6.8 Lakh
FY 2021 · -90% margin
Associated legal entities of DailyBasket
DailyBasket operates through Letsdaily India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Letsdaily India Private Limited CIN U01110TZ2020PTC033891 | Active | 08 Jun 2020 | Coimbatore, Tamil Nadu | ₹0.1 Cr | 2 | View details |
Board of directors of Letsdaily India Private Limited (DailyBasket)
Letsdaily India Private Limited is the primary company behind DailyBasket. The board of Letsdaily India Private Limited currently have 2 directors; the longest-serving is Thangavel Ajithkumar, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thangavel Ajithkumar DIN 08756930 | Director | 08 Jun 2020 | 6 yrs 4 mo | Letsdaily India Private Limited |
| Velusamy Ramesh Kumar DIN 08756929 | Director | 08 Jun 2020 | 6 yrs 4 mo | Letsdaily India Private Limited |
Financials of DailyBasket
Figures of Letsdaily India Private Limited, the primary company behind DailyBasket, for FY 2021. Revenue was ₹7.5 Lakh. Net loss was -₹6.8 Lakh (-91% margin). EBITDA was -₹6.8 Lakh (-90% margin).
- ₹7.5 LakhRevenue · FY 2021
- -₹6.8 LakhNet loss · -91% margin
- -₹6.8 LakhEBITDA · -90% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Letsdaily India Private Limited are on its company page.
Detailed financial statements for DailyBasket
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- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of DailyBasket
DailyBasket has 3 listed competitors in our database, 2 of them funded. They include Milkbasket, Daily Ninja and FTH Daily.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| milkbasket.com | 2015 | Gurugram, India | $35.07M | 230 | Daily grocery essentials are delivered through an online subscription platform. | |
| dailyninja.in | 2015 | Bengaluru, India | $10.54M | 1 | Daily essentials are delivered through hyper-local subscriptions. | |
| fthdaily.com | 2019 | Bengaluru, India | 1,345 | Delivers fresh milk, dairy, fruits, veggies, staples via subscription to homes daily. |
Detailed competitors of DailyBasket
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Subscription & Video Commerce
2 companies that operate in the same segment as DailyBasket (Subscription & Video Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Social commerce platform for users to discover and share recommendations | 2016 | Bengaluru, Karnataka, India | USD 65.91 M | USD 693.59 K | 15 | |
Makeup, skincare, and personal care products are retailed online. | 2017 | Bengaluru, Karnataka, India | USD 5.35 M | USD 994.46 K | 76 |
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Frequently Asked Questions about DailyBasket
DailyBasket was founded in 2020.
DailyBasket is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
The primary company behind DailyBasket, Letsdaily India Private Limited, reported revenue of ₹7.5 Lakh for FY 2021.
DailyBasket offers an online subscription platform for convenient grocery delivery through operating online marketplaces, engaging in retail operations, offering grocery delivery, and managing subscriptions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
DailyBasket's top competitors include Milkbasket, Daily Ninja and FTH Daily.
DailyBasket operates through Letsdaily India Private Limited.
The legal entities of DailyBasket currently have 2 directors, including Thangavel Ajithkumar, Velusamy Ramesh Kumar.