BigBasket has received $150 million led by Mirae Asset- Naver Asia Growth Fund, UK’s CDC Group & existing investor Alibaba, boosting the company’s valuation to over $1 billion, pushing it to the coveted ‘unicorn’ club.
“We have a unique opportunity to build one of the largest grocery businesses in the country in the country and we expect the capital raised in this round to continue to enable us to do just that," said VS Sudhakar, co-founder of BigBasket.
Source - Startup News Snippets
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“We have a unique opportunity to build one of the largest grocery businesses in the country in the country and we expect the capital raised in this round to continue to enable us to do just that," said VS Sudhakar, co-founder of BigBasket.
Source - Startup News Snippets
Comment your feedback
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