May 8th, 2018BigBasket, India’s leading startup in the online grocery market segment is holding talks with its existing investors to raise capital worth $500 million to compete with e-commerce market leaders Amazon and Flipkart (post-Walmart acquisition).
BigBasket already raised a colossal $300 million funding led Alibaba Group Holding Ltd and...
March 30th, 2018BigBasket was able to double its revenues from its wholesale arm in FY17 to Rs 1,176 crore compared to the Rs 563 registered in the previous fiscal year, according to documents from the Ministry of Corporate Affairs, reported by the Economic Times.
BigBasket generates revenues from two registered operating units. Through an entity...
October 25th, 2016Online grocery store Big Basket has sought government's approval to infuse Rs 100 crore foreign direct investment to further expand its business.
The company, which sells fruits, vegetables and other food products online, plans to use the funds to strengthen back end infrastructure, increasing collection centers and processing units,...
August 31st, 2016Mumbai based online grocery startup Zapmart is all set to raise $10 Million in its first round of funding from investors.
Zapmart which is a self-funded startup by Parvez Siddiqui has got a seed funding of Rs.3 Crore, which was led by two businessmen from the real estate sector.
"The seed funding will be used to strengthen our...
