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Thursday, 1 February 2018

Published February 01, 2018 by Dailytipstops with 0 comment

India's biggest online grocer BigBasket says it raised $300M, led by Alibaba, at a $950M valuation (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg:
India's biggest online grocer BigBasket says it raised $300M, led by Alibaba, at a $950M valuation — Alibaba Group Holding Ltd led a $300 million investment into India's biggest online grocer Bigbasket, signaling that the region's segment is firing up. — Hari Menon, Bigbasket's co-founder …

from Techmeme http://ift.tt/2DTVH69

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