# DealBasket-MITRA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dealbasket-mitra

- Industry: Internet
- Headquarters: Gurgaon, India
- Website: www.dealbasket.co.in
- Total disclosed funding: $0.2M
- Latest round: Seed (Oct 2, 2024)
- Investors on record: 2

## About

Based in Haryana, India, and founded in 2022 by Abhishek Kaushik, Nishpra Community Solutions Private Limited, doing business as DealBasket-MITRA is an e-commerce platform that offers daily essential needs for low or middle-income people residing in non-metropolitan-and-village areas. In March 2023, DealBasket-MITRA raised an undisclosed amount of seed funding led by new investor Bestvantage Investments. As of March 2023, the company operates from over 4 states from over 4000 merchants and sells over 1000 products. 

Mitra is a direct-to-consumer (D2C) brand operating in the fast-moving consumer goods (FMCG) market that offers a range of FMCG products like flour, pulses, spices, dry fruits, rice, instant mixes, millet-based and ready-to-eat products to the rural population of India. The firm’s SaaS-based platform employs Blockchain, AI (artificial intelligence), and machine learning technologies to help procure raw materials, connect with local and regional vendors and establish a closed ecosystem.

The company intends to use the March 2023 funding to establish a manufacturing unit and deploy technology for strengthening its product as well as service capabilities.

## Funding rounds

- Seed, Oct 2, 2024, $0.2M — ah! Ventures, BestVantage Investments

## Investors

- ah! Ventures (https://capitalatlas.ai/funds/ah-ventures) — Seed
- BestVantage Investments (https://capitalatlas.ai/funds/bestvantage-investments) — Seed