Tatas Acquisition of BigBasket Gets CCI Nod
The Competition Commission of India (CCI) has approved the acquisition by Tata Digital Limited of up to 64.3 per cent of the total share capital...
Tag : Bigbasket
Startup Funding in Q4 FY21 Stood at $3.65 Billion
A series of large financing rounds for some of India’s best-known startups has propelled the flow of risk capital into the sector to a high...
Tata Group to Buy 68% in BigBasket for Rs 9.5K Crore
The Tata Group is in the final stages of acquiring a majority stake of 68 per cent in Supermarket Grocery Supplies, which runs and operates online grocery...
BigBasket Clocks 36% Revenue Growth in FY20
Online grocer BigBasket, which is currently in the final stages of closing a deal to sell a majority stake to the Tata Group, has reported a 36%...
Tata Group to Buy 80% Stake in BigBasket for $1.3 Bn
The Tata Group is in advanced talks for buying around 80 per cent stake in BigBasket for around $1.3 billion, valuing India’s largest online grocery store at $1.6 billion,...
Alibaba Hits Pause on Fresh Investments in India
Alibaba Group Holding Ltd, the largest investors in Indian startups such as Paytm and Zomato, is temporarily halting fresh investments in the country, as the...
Bigbasket has raised USD 300 mn from Alibaba, others
Bigbasket has raised USD 300 million, from Alibaba and others in a new funding round. The company stated that, it is planning to use the...