BigBasket Archives - 做厙勛圖 News /tag/bigbasket/ Data-driven reporting on private markets, startups, founders, and investors Mon, 06 May 2019 14:59:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.12 /wp-content/uploads/cb_news_favicon-150x150.png BigBasket Archives - 做厙勛圖 News /tag/bigbasket/ 32 32 India’s BigBasket Nets $150M As Grocery Delivery Heats Up /venture/indias-bigbasket-nets-150m-as-grocery-delivery-heats-up/ Mon, 06 May 2019 14:59:03 +0000 http://news.crunchbase.com/?p=18473 Indian online grocer has raised $150 million in a Series F that values the company at over $1 billion, according to various .泭

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A group of investors, including South Korea-based and China���s, led the round, which also included participation from London-based . (We’ve put in an email to the company to confirm its valuation and will update this story if we hear back.)

Eight-year-old BigBasket, which sells a range of products such as groceries and pet food, operates in 25 Indian cities. It is reportedly going to use the fresh capital toward expansion. The round brings BigBasket���s total raised over time .

BigBasket competes with Amazon and a subsidiary of Walmart, among others.

The funding comes at a time when India���s food delivery space is ramping up. In March, we reported that , an India-based startup that delivers grocery staples, had raised $60 million from , upping its valuation to $425 million, 泭插紳餃, , an India-based company that delivers food from restaurants, raised $1 billion in December in a round led by South Africa-based .

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