Bigbasket gets ₹100 crore in venture debt from Trifecta
The firm will use the funds to meet its working capital needs; it will also use it to set up new warehouses and scale up the supply chain of its recently launched milk subscription business.
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BigBasket raises $150 million, joins unicorn club
South Korea’s Mirae-Naver, U.K.’s CDC also invest in owner and operator of the online food and grocery retailer.
BigBasket joins unicorn club
The company is set to raise $160 million in a new funding round from foreign investors, making it the latest entrant to the $1 billion valuation club.
India’s unicorn club set to expand in 2019
A host of startups—including BigBasket, Delhivery, and MobiKwik—are expected to cross the $1 billion valuation mark this year.
Unicorns: Beyond their wildest dreams
2018 belongs to unicorns in India, with eight startups achieving a valuation of $1 billion. As firms continue to attract funding from global investors, the unicorn party is far from over.
Grofers is back in the good books
After a rollercoaster ride since its last big funding round, Grofers has managed to raise $62 million from the likes of SoftBank.
