| Date | Title | Description |
| 25.07.2024 | The Rise of New Ventures: A Fresh Wave in India's Startup Ecosystem**
** | ** India's startup landscape is buzzing. New players are emerging, fueled by fresh capital and innovative ideas. Two recent developments stand out: Ninecamp Ventures and PROMAFT Partners. Both are poised to reshape their respective sectors,... |
| 19.07.2024 | Ex-Alibaba and 9Unicorns Executives Launch INR 1,000 Cr VC Fund PROMAFT Partners The sector-agnostic fund will invest in companies with proven product-market fit, making 10-12 strategic investments an... | Raghav Bahl, former head of investments at Alibaba Group's India business, and Soham Avlani, ex-partner at 9Unicorns, have announced the launch of a new venture capital fund, PROMAFT Partners, with an initial corpus of INR 1,000 crore.
This... |
| 02.07.2024 | Plantaway Launches India’s First Plant-Based Chicken Fillet | Plant-based brand Plantaway has launched a new chicken alternative that the company claims will set a new standard in the market: India’s first plant-based chicken fillet.
Whether grilled, baked, or sautéed, Plantaways’s whole cut, branded ... |
| 27.06.2024 | Bengaluru-Karnataka’s Minister for IT/BT Launches New Scaleup Program | Priyank Kharge, Bengaluru-Karnataka’s Minister for IT/BT, Government of Karnataka, announced Hypergrowth Global Karnataka, a global late-stage scaling program at London Tech Week last evening. The initiative aims to propel the best Bengalur... |
| 26.06.2024 | Shah Rukh Khan: The star, the brand, the enigma We take a look at his achievement not only as the enigma he is as an actor but also as an entrepreneur who is investing in multiple sectors, endorsing m... | As the OG superstar of Bollywood Shah Rukh Khan has completed 32 years of his journey in the industry. We take a look at his achievement not only as the enigma he is as an actor but also as an entrepreneur who is investing in multiple secto... |
| 05.06.2024 | A realm full of opportunity and test Among the countries considered to be hotbeds for startups, India consistently makes the top ten; much of it has to do with the policy-making and cultural shifts th... | - |
| 29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
| 28.05.2024 | High vegetable prices raise the 'heat' in Lok Sabha election season | - |
| 27.05.2024 | Japan’s Eneos leads Zypp Electric’s Series C funding | (From left) Zypp Electric co-founders Tushar Mehta, Akash Gupta and Rashi Agarwal
Electric vehicle delivery app Zypp Electric Tuesday said it has raised $15 million (Rs 124.6 crore) as part of its Series C funding round, led by Japanese inv... |
| 29.04.2024 | E-commerce market to hit $325 billion by 2030, rural India to lead growth | - |
| 25.04.2024 | Vegetable prices show mixed trends in Delhi despite heatwave rise | - |
| 25.04.2024 | CCPA Asks Quick Commerce Players To Prove Their ’10 Minute’ Delivery Claims | SUMMARY
The Central Consumer Protection Authority (CCPA) has asked Blinkit, Swiggy Instamart, Zepto and Big Basket (BB Now) to prove their ‘10 minute’ delivery claims
These companies have been asked to share median data for delivery times a... |
| 17.04.2024 | Wider social security net on cards for unorganised sector workers | - |
| 03.04.2024 | Indian startups’ income from VC cash lying in bank deposits, mutual funds jumps again | India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through March 2023, albeit at a slower pace than before, according to a VCCircle study.
The study, which captured the fin... |
| 15.03.2024 | Swiggy merges premium grocery vertical InsanelyGood with Instamart | IPO-bound food and delivery major Swiggy has merged its premium grocery vertical InsanelyGood with its quick commerce vertical Instamart.
“We will have to pause InsanelyGood operations for some time. We will be available at an Instamart sto... |
| 11.03.2024 | Quick commerce is making fast inroads in India | Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of delivering items to customers in 10 to 20 minut... |
| 07.03.2024 | Large representation of Indian data differentiates us: Krutrim's Ravi Jain | Krutrim, an artificial intelligence (AI) venture co-founded by Bhavish Aggarwal of Ola, has entered the increasingly competitive AI race dominated by players such as Google, Microsoft, and OpenAI.
However, what sets the firm apart from thes... |
| 05.03.2024 | BigBasket eyes profitability in next 6-8 months, IPO in 2025: Hari Menon | Online grocery firm BigBasket is planning to come out with an initial public offering (IPO) in 2025 after turning profitable.
Part of Tata Digital, the firm will turn profitable in another 6-8 months once the newly-launched ‘BB Now’ vertica... |
| 10.01.2024 | Beauty ecommerce in India gets speedy makeover via quick commerce | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Samreen Ahmad · 10 Jan 2024 · 4 min readBeauty ecommerce in India gets speedy makeo... |
| 30.05.2023 | BigBasket Co-founder’s Startup LaundryMate Raises Rs 50 Cr Funding | New Age Consumer Services Pvt Ltd, which owns the online laundry services brand LaundryMate, has raised $6.25 million (Rs 50 crore) in a pre-Series A funding round.
The funding round saw participation from Blume Founders Fund, along with a ... |
| 29.05.2023 | Bigbasket cofounder’s LaundryMate raises $6.25 million in funding from Blume Founders Fund, others | ETtechLaundryMate founders (L-R): Tripat Preet Singh, Raghavendra Joshi, Uday Vijayan, Abhinay Choudhari, Asad Zaidi and Pushpendra Yadav
LaundryMate, an online laundry services startup founded by Bigbasket co-founder Abhinay Choudhary, sai... |
| 12.01.2023 | Join the Newsletter
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Innovation in agriculture and food and its vital role in fighting climate change
AFN’s top 5 guest articl... | - |
| 05.01.2023 | Join the Newsletter
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AFN’s top 5 guest articles of 2022
Risk entangled Eastern Europe continues to innovate in agtech, says EI... | - |
| 04.01.2023 | Join the Newsletter
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Risk entangled Eastern Europe continues to innovate in agtech, says EIT Food on the eve of 2023
The week ... | - |
| 31.12.2022 | Join the Newsletter
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The week in agrifoodtech: BigBasket bags $200m, Kodama’s forestry funding, more restaurant tech layoffs
H... | - |
| 30.12.2022 | Join the Newsletter
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The week in agrifoodtech: BigBasket bags $200m, Kodama’s forestry funding, more restaurant tech layoffs
H... | - |
| 26.12.2022 | Tata-owned BigBasket received $200 M funding, valued at 3.2 B | According to sources, BigBasket, an online supermarket with operations in India and controlled by the conglomerate Tata Sons, received $200 million at a valuation of $3.2 billion.
Economic Times was the first to report the news.
The e-groce... |
| 22.12.2022 | The week in agrifoodtech: BigBasket bags $200m, Kodama’s forestry funding, more restaurant tech layoffs | Amid a slew of smaller funding announcements, India-based eGrocer BigBasket secured a $200 million mega-round this week. In agtech, deals from Grow Indigo and others were all about insect farming, forestry and capturing more carbon. Foodtec... |
| 21.12.2022 | Bigbasket may launch IPO by 2025 after $200 million funding: CFO Parekh | Tata Group’s Bigbasket may list its shares within three years after the latest capital raising valued India’s largest online grocer at $3.2 billion.
The profitable e-commerce firm, which is expanding its pan-India reach and generates about ... |
| 21.12.2022 | Exclusive | BigBasket raises $200 million from Tata Digital, others | ETtechHari Menon, CEO, BigBasket
BigBasket has raised $200 million in new funding that has boosted the valuation of the Tata Digital-owned e-grocer to $3.2 billion, a top executive told ET.
In addition to Tata Digital, which owns 64% in the... |
| 27.09.2022 | BigBasket looks to raise $200 mn at up to $3.5 bn valuation | Credit: Thinkstock
Tata Group-backed BigBasket has initiated a fresh round of funding that could value the online grocery startup at around $3.5 bln, The Economic Times newspaper reported on Tuesday, citing sources.
Tata Digital Ltd, a unit... |
| 27.09.2022 | BigBasket to raise $200 million at a valuation of $3.5 billion: Report | Tata Digital-owned grocery firm BigBasket will soon raise $200 million at a valuation of $3-$3.5 million. The financing in the round is likely to come from Tata Digital and other shareholders, a report in Economic Times (ET) said. However, ... |
| 27.09.2022 | BigBasket Eyes To Raise $200 Mn At Valuation Of $3.5 Bn | |
| 28.06.2022 | BigBasket Backer Panthera Growth Partners Announces First Close Of $250 Mn Second Fund | Panthera will write cheques of approximately $20 Mn for 10-12 Indian and Southeast Asian startups
Its existing portfolio from Fund I includes Antuit AI, BigBasket, Markets and Markets, OfBusiness, FreshMenu, Pepperfry, Zivame and Medgenome
... |
| 02.06.2022 | BigBasket raises Rs 350 cr from holding firm as it takes on competitors | Innovative Retail Concepts, which runs online grocer BigBasket, has received Rs 350 crore from holding company Supermarket Grocery Supplies, according to regulatory documents sourced from business intelligence platform Tofler.
The investmen... |
| 02.06.2022 | BigBasket gets Rs 350 crore from its holding company as competition intensifies | Last month, BigBasket had raised Rs 1,000 crore from its holding company. (File Image)
Innovative Retail Concepts owned by Tata, which runs online grocery platform BigBasket, has received a capital infusion of Rs 350 crore from holding comp... |
| 02.06.2022 | BigBasket gets another Rs 350 cr from holding company | ETtech
Bengaluru: Tata Digital-owned Innovative Retail Concepts, which runs online grocery platform BigBasket, has received Rs 350 crore from holding company Supermarket Grocery Supplies, regulatory filings sourced from business intelligenc... |
| 21.04.2022 | 🇮🇳 Roundup: BigBasket ramps up quick-commerce offering | EcommerceNewsStartups
Miguel Cordon · 21 Apr 2022 · 1 min read🇮🇳 Roundup: BigBasket ramps up quick-commerce offering
Startups in India, including Newton School, Mylo, Nat Habit, and DCGpac, raised at least US$47.5 million in disclosed fundi... |
| 14.04.2022 | The Week in Agrifoodtech: eGrocer BigBasket bags $131m, Choco lands $111m to fight food waste | This week, India’s BigBasket raised more than $100 million for online grocery delivery, as did Germany’s Choco to curb food waste by connecting restaurants to suppliers. New Zealand’s Leaft closed funding to make alt-protein from leaves. In... |
| 13.04.2022 | BigBasket gets Rs 1,000 crore investment from its holding company | Bengaluru: Tata-owned Innovative Retail Concepts, which runs online grocery platform BigBasket, has received a capital infusion of Rs 1,000 crore from holding company Supermarket Grocery Supplies, regulatory filings sourced from business in... |
| 13.04.2022 | Tata-Owned Grocery Unicorn BigBasket Gets Fresh Infusion Of INR 1,000 Cr | Innovative Retail Concepts, the Tata-owned entity which runs the grocery unicorn BigBasket, has received a capital infusion of INR 1,000 Cr ($131 Mn) from its holding company, Supermarket Grocery Supplies, as per its regulatory filings.
The... |
| 12.04.2022 | Indian e-grocer BigBasket scoops up $131m in fresh funds | EcommerceInvestmentsNewsStartups
Samreen Ahmad · 13h ago · 1 min readIndian e-grocer BigBasket scoops up $131m in fresh funds
Innovative Retail Concepts, the Tata Group-owned company that runs online grocery startup BigBasket, has received ... |
| 23.03.2022 | 🇮🇳 Roundup: OfBusiness’ lending arm raises $200m, turns unicorn | InvestmentsNewsStartups
Samreen Ahmad · 1d ago · 1 min read🇮🇳 Roundup: OfBusiness’ lending arm raises $200m, turns unicorn
Startups in India, including Oxyzo Financial Services, Stanza Living, Plum, Credilio, and iSprout, raised at least US... |
| 13.01.2022 | The Week in Agrifoodtech: Remilk raises $120m; ‘world’s first plant-based salmon fillet’ unveiled | There were multiple fundings above or near the $100 million mark this week in agrifoodtech, led by Estonian ride-hailing and food delivery app Bolt with its $709 million round.
Elsewhere, alt-dairy startup ReMilk raised $120 million, while ... |
| 02.12.2021 | The Week in Agrifoodtech: Mr Yum, FJDynamics & Back to the Roots bag big fundings | This week, Aussie startup Mr Yum, which makes QR code-based ordering and payments software for hospitality companies, raised one of the Lucky Country’s biggest Series A rounds ever; while farm robotics company FJDynamics scored big money fr... |
| 18.11.2021 | Indian Oat Milk Market Expected To Present Ample Growth Opportunities | According to a recent analysis by Reports and Data, the global oat milk market generated USD 3.68 billion in 2019 and is expected to reach USD 6.47 billion by 2027. However, the market for oat products in India is rarely discussed. Here we ... |
| 24.12.2020 | 5 trends that shaped agrifoodtech in 2020 | 2020 has been a year like no other in living memory for the vast majority of us. The Covid-19 pandemic, which began in China at the tail end of last year and gradually engulfed to entire world by the second quarter of this one, has brought ... |
| 03.11.2020 | Ocado spends $287m in retail robotics double-swoop | UK e-grocer and retail tech firm Ocado has bullishly revved up its quarterly profit forecasts and unveiled two acquisitions aimed at strengthening its showing in robotics.
The Hertfordshire company says it is buying San Francisco-based Kind... |
| 28.10.2020 | FreshToHome banks $121m in India’s ‘largest ever Series C funding for consumer tech’ | Indian e-grocer FreshToHome has raised $121 million in a Series C round led by UAE sovereign fund, the Investment Corporation of Dubai. The startup said the deal is the biggest fundraise at this stage for an Indian consumer tech company to ... |
| 16.10.2020 | Zomato looks to boost balance sheet, plug China gap in advance of IPO with $52m funding | Indian food delivery unicorn Zomato has reportedly raised $52 million in funding from US-based, emerging market-focused firm Kora Investments.
The app — which allows Indians to order meals from local restaurants and have them delivered — ha... |
| 13.10.2020 | Walmart, Flipkart invest $30m in Indian farmer-to-business platform Ninjacart | India’s Ninjacart has announced a fresh injection of funding from US retail behemoth Walmart and and Indian e-commerce firm Flipkart.
While Ninjacart didn’t disclose financial details of the investment, the Economic Times reported it to be ... |
| 02.09.2020 | Google leads $28m Dunzo funding as Indian food e-commerce receives pandemic pickup | Investors are pouring more dollars into Indian food e-commerce as the industry continues to see heightened demand amid the country’s continuing Covid-19 crisis.
Bengaluru-based Dunzo has just raised $28 million in the first tranche of a new... |
| 18.08.2020 | Dealmaking during Covid-19: Upstream and eGrocery win in AgFunder’s 2020 Mid-Year Investment Review | We’re just over halfway through 2020. And while this may already feel like the longest year on record, agrifoodtech startups and investors are plugging away as if we weren’t all caught in the midst of a global pandemic. Almost.
Committed ca... |
| 31.07.2020 | Indian language learning start-up Entri raises additional USD 1.7M | Indian language learning platform for job, Entri, announced on 23rd July, 2020, that it has obtained USD 1.7M in addition to USD 1.4M raised in February this year. The round was led by a set of investors including Good Capital, closing the ... |
| 07.05.2020 | Demystifying Digital Sales during a Time of Crisis: One Landing Page at a Time | Staff Reporter, Tech Times 07 May 2020, 07:05 am
(Photo : pexels)
There was a time when going digital was considered optional - or even a luxury. Not anymore. With the global pandemic, COVID-19, impacting every business sector across the wo... |
| 22.04.2020 | Facebook’s $5.7bn Reliance Jio deal will make it an even bigger player in Indian agrifood | Facebook is investing ₹436 billion ($5.7 billion) in Reliance Jio, India’s largest mobile network operator, in a deal that will have significant implications for the Indian agrifood ecosystem.
The US tech giant is buying a stake of 9.99% in... |
| 16.04.2020 | BigBasket raises $50 million debt capital from Alibaba | Shweta Sharma 16 Apr, 2020
Bengaluru-based Supermarket Grocery Supplies, which owns the online grocery platform BigBasket, has raised $49.4 million in a debt round from existing investor Alibaba Group Holding.
BigBasket has issued 4,62,500 ... |
| 16.04.2020 | Indian online grocer Bigbasket raises $50m debt funding from Alibaba | Premium
Online grocery platform Bigbasket has raised $50 million debt funding from existing investor Chinese e-commerce giant Alibaba Group Holding Ltd, according to documents sourced from the Registrar of Companies (RoC).
Continue reading ... |
| 15.04.2020 | [Funding alert] Bigbasket secures $50M debt to keep up with demand during coronavirus lockdown | As of April 13, Bengaluru-based e-grocery unicorn Bigbasket has raised a debt funding of Rs 379.87 crore from its existing investor and shareholder Alibaba Group.
According to the company's filings with the Registrar of Companies (ROC) at t... |
| 11.04.2020 | India-Based Online Grocery Company BigBasket Raises $60 Million | Indian grocery company BigBasket announced it raised $60 million in funding to scale the company
Indian grocery company BigBasket announced it raised $60 million in funding to scale the company. BigBasket co-founder Vipul Parekh told TechCr... |
| 09.04.2020 | Bigbasket raises USD 60 million bridge round led by Alibaba | Online grocery platform Bigbasket has raised a bridge round of USD 50-60 million led by its existing investor Alibaba with participation from South Korea’s Mirae Asset and UK Government-owned CDC Group.
The bridge round would help Bigbasket... |
| 09.04.2020 | Indian online grocery startup BigBasket raises $60M | Indian grocery startup BigBasket has raised $60 million as it scales its business in the country to meet growing demand from customers stuck at home.
Alibaba and other existing investors including Mirae Asset and CDC Group participated in t... |
| 09.04.2020 | UPDATE: Bigbasket banks $60m bridge funding from Alibaba, others to meet Covid-19 demand | Updated April 9, 09:05 EST, to include information from Bigbasket co-founder Vipul Parekh.
Indian e-grocer Bigbasket has secured $60 million in bridge funding from Chinese tech giant Alibaba, South Korean fund manager Mirae Asset, and the U... |
| 08.04.2020 | India: BigBasket raises up to $60m in bridge round from Alibaba, others | Premium
Bengaluru-based grocery delivery startup BigBasket has raised $50-60 million in a bridge funding round led by China’s Alibaba Holdings and other existing investors, amid surging online orders due to the coronavirus outbreak.
Continu... |
| 06.04.2020 | Exclusive: Alibaba-backed online grocery platform BigBasket valued at $1.2 bn | Shashank Didmishe 6 Apr, 2020
Bengaluru headquartered Supermarket Grocery Supplies, which owns online grocery platform BigBasket, was valued at Rs 8,983 crore or $1.2 billion at current foreign exchange rates, as on October 31, 2019.
The va... |
| 27.03.2020 | Indian e-grocery unicorn Bigbasket acquires rival DailyNinja as Covid-19 lockdown comes into force | Bigbasket, one of India’s largest online grocery companies, has wholly acquired milk delivery app DailyNinja. Financial terms of the deal were not disclosed, though the Bengaluru-based buyer is rumored to have paid between $15 million and $... |
| 12.03.2020 | Agrifoodtech is global: here’s a list of the top 15 deals outside the US in 2019 | The US still dominates investment in the agrifoodtech space, with 44% of all fundings last year taking place in the country. But while deal numbers and investment value actually decreased Stateside compared to 2018, other geographies picked... |
| 23.09.2019 | ₹50 lakhs per month in revenue from Bigbasket: CEO" data-reg="iD Fresh gets ₹50 lakhs per month in revenue from Bigbasket: CEO">iD Fresh gets ₹50 lakhs per month in revenue from Bigb... | P.C Musthafa, chief executive and co-founder of iD Fresh (Mint) ₹50 lakhs per month in revenue from Bigbasket: CEO" data-reg="iD Fresh gets ₹50 lakhs per month in revenue from Bigbasket: CEO">iD Fresh gets ₹50 lakhs per mo... |
| 30.07.2019 | India online grocer BigBasket bags USD 14 million amid heated competition | Alibaba-backed India’s largest online grocery operator BigBasket has raised USD 14 million earlier this week in what it claims to be the largest venture debt financing in the country from Venture capital firm Trifecta Capital, just three mo... |
| 29.07.2019 | India: BigBasket secures $14.5m debt funding from Trifecta Capital | Premium
Bengaluru-based grocery delivery startup BigBasket owned and managed by SuperMarket Grocery Supplies Pvt. Ltd has received debt funding worth ₹100 crore from venture debt provider Trifecta Capital, according to a company statement o... |
| 29.07.2019 | Grocery Unicorn BigBasket scores Rs 100 Cr debt from Trifecta | Online grocery major BigBasket has picked up Rs 100 crore debt from Trifecta Capital. The Alibaba-backed company became the first Unicorn from e-grocery segment in March this year.
This is the largest cheques for BigBasket from the Gurugram... |
| 29.07.2019 | BigBasket raises ₹100-cr venture debt from Trifecta | BigBasket has raised ₹100 crore in venture debt from Trifecta Capital, making it one of the largest venture debt transactions in the country.
The funds will be used to meet the working capital and capital expenditure requirements of the com... |
| 29.07.2019 | Grocery start-up Bigbasket gets USD 14.5 million in venture debt | -->
The deal comes months after Bigbasket closed USD 150 million in funding from a group of investors. |
| 07.05.2019 | India-Based Online Grocery Company BigBasket Raises $150 Million And Passes $1 Billion Valuation | Photo: BigBasket |
| 06.05.2019 | Mirae-Naver, CDC Group and Alibaba invest $150 million in BigBasket | Mirae Asset-Naver Asia Growth Fund (“Mirae-Naver”), CDC Group and Alibaba Group has invested $150 million in online grocery firm BigBasket.
This marks Mirae-Naver’s largest investment in India so far. Mirae Asset-Naver Asia Growth Fund is a... |
| 06.05.2019 | BigBasket raises $150mn from Mirae Asset, CDC & Alibaba | Supermarket Grocery Supplies Pvt (SGSPL), which owns and operates BigBasket, has raised $150 million from Mirae Asset-Naver Asia Growth Fund, CDC Group and existing investor Alibaba Group.
The round was led by Mirae Asset-Naver Asia Growth ... |
| 06.05.2019 | India’s BigBasket Nets $150M As Grocery Delivery Heats Up | 7 Shares Email Facebook Twitter LinkedIn
Indian online grocer BigBasket has raised $150 million in a Series F that values the company at over $1 billion, according to various news reports.
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A group of invest... |
| 06.05.2019 | Term Sheet — Monday, May 6 | A TALE OF TWO CEOS
Travis Kalanick’s shadow continues to loom at Uber. It’s very hard to carry out the “Dekalanickization of Uber” when Kalanick has made such a profound mark on the company’s operations.
Paid Content The enterprise A.I. imp... |
| 06.05.2019 | India: BigBasket closes $150m round led by Mirae Asset, Alibaba, CDC | Premium
Online grocery platform BigBasket has become the latest startup to join the country’s unicorn club after closing a $150-million funding round led by Mirae Asset-Naver Asia Growth Fund, China’s Alibaba, and UK’s CDC Group, The Econom... |
| 06.05.2019 | BigBasket receives $150 million in funding, becomes the newest unicorn | Bigbasket is expanding its delivery network to smaller towns and cities as it fights to keep its lead in the complex but fast growing grocery business. (Mint) BigBasket receives $150 million in funding, becomes the newest unicorn 1 min read... |
| 29.03.2019 | Bigbasket turns unicorn with $150-mn funding; valuation jumps over twofold | - |
| 29.03.2019 | BigBasket raises $150 million from Mirae, Alibaba and CDC Group | BigBasket founder Hari Menon. (Mint) BigBasket raises $150 million from Mirae, Alibaba and CDC Group 1 min read . Updated: 29 Mar 2019, 03:19 PM IST PTI
Mirae has pumped in about $60 million, while CDC and Alibaba have infused $40 million a... |
| 29.03.2019 | Indian grocery startup Bigbasket enters the unicorn club with a reported $2.3 billion valuation | According to RoC filings, Bigbasket has raised $150 million at a reported valuation of $2.3 billion.
The funding was led by Bigbasket’s earlier investor Alibaba and was joined by new investor Mirae Asset.
This will give Bigbasket more power... |
| 28.03.2019 | Mirae Asset leads $150-mn investment round in BigBasket | SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising $150 million (about Rs 1,040 crore) in a fresh round of funding led by South Korean firm Mirae Asset.
Mirae Asset will put in $59.9 million in this round,... |
| 28.03.2019 | Bigbasket turns Unicorn with $150 Mn Series F round from Alibaba and others | Bigbasket has finally entered the league of Unicorn startups with latest $150 million Series F round from Alibaba, UK Government-owned CDC Group and South Korea’s Mirae Asset Global investment. The financing round valued e-grocer over a lit... |
| 12.11.2018 | Why Wharton Impact Investing Partners is Interested in AgriFood Tech | Curious about the role of AgriFood tech startups in impact investing? Read on as Devika Balachandran, an associate on Wharton Impact Investing Partners’ Food & Nutrition sector team, discusses the importance of AgriFood Tech in impact i... |
| 30.10.2018 | BigBasket may raise $400 Mn at $2 Bn valuation to be next unicorn | Online grocery firm BigBasket is planning to raise next round of investment at around $1.5-2 billion valuations.
The e-grocer is in talks with new and existing investors to raise around $400 million to expand aggressively across major metro... |
| 07.02.2018 | DEADLINE APPROACHING: Cast Your Vote in the AgFunder Innovation Awards | ***VOTING CLOSED***
It’s that time of year again to recognize the innovators and entrepreneurs driving the agrifood tech sector forward with the AgFunder Innovation Awards. These are peer-selected awards based on votes placed by you, our 45... |
| 02.02.2018 | Grocery Wars: Bigbasket raises USD 300mn from Alibaba, renews contract with Shahrukh Khan | bigbasket.com: India's largest Online Supermarket
Bangalore-based online grocery firm Bigbasket has raised USD 300 million in its Series E round of funding led by Chinese e-tailer Alibaba, the company said in a statement on Friday.
Accordin... |
| 02.02.2018 | China’s Alibaba invests $146 m in online grocer BigBasket | Mumbai, February 2 A unit of China’s Alibaba has invested $146 million in online grocer BigBasket, strengthening its position in the country’s online retail space and potentially posing a challenge to US rival Amazon.com.
Alibaba.com Singap... |
| 02.02.2018 | Term Sheet — Friday, February 2 | IPO DELAYS
Good morning, Term Sheet readers.
Paid Content You can't secure what you can't see From ExtraHop
In an executive shakeup, Airbnb said its CFO, Laurence “L.T.” Tosi will be leaving the company and CEO Brian Chesky’s longtime deput... |
| 02.02.2018 | Alibaba leads $300-m funding in BigBasket | Online supermarket to focus more on cities it already has a foothold in
Online supermarket BigBasket has raised $300 million in a fresh round of funding led by Chinese e-tailer Alibaba and other investors. BusinessLine had reported last Oct... |
| 01.02.2018 | Alibaba leads $300 million Series E round in BigBasket | Speculation about Alibaba funding in BigBasket has finally come to rest as Asia’s top company led a Rs 1,921 crore ($300 million) Series E round. Existing investors, including Abraaj Group, Sands Capital, and IFC also participated in the ro... |
| 01.02.2018 | BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others | SuperMarket Grocery Supplies Pvt Ltd, which owns the BigBasket brand, has raised $300 million (around Rs 1,921 crore) in a Series E round of funding led by Chinese e-tailer Alibaba, the online grocer's chief executive officer told VCCircle.... |
| 20.01.2018 | BigBasket raises $150 million to fund expansion plans | Dubai-based Abraaj leads investor pack
Online grocer BigBasket has raised $150 million from investors led by the Dubai-based private equity firm The Abraaj Group.
The other investors include the International Finance Corporation and Sands C... |
| 15.01.2018 | BigBasket raises Rs 45 cr venture debt from Trifecta Capital | Online grocery portal BigBasket.com, owned by SuperMarket Grocery Supplies, has raised about Rs 45 crore venture debt from Trifecta Capital.
The funds will be used to meet the capex requirements of the company, including setting up of new w... |
| 08.01.2018 | BigBasket in final stages of closing $250-million Series E funding | To pump $150 m into its private label brands and farmer-connect programme
The country’s largest grocery e-tailer BigBasket is in the final stages of closing $250-$300 million in Series E funding from new and existing investors. According to... |
| 31.10.2017 | BigBasket gets another funding, raises Rs 52 Cr from existing investors | In a back-to-back funding rounds, Bengaluru-based e-grocer BigBasket has raised Rs 52 crore from its four existing investors, including UAE-based Abraaj Basket, Bessemer Venture Partners along with International Finance Corp and Sands Capit... |
| 25.10.2017 | BigBasket closes Rs 32.65 Cr funding round led by Helion Venture | Bengaluru-based e-grocer BigBasket has raised Rs 32.65 crore led by Helion Ventures Partners. According to RoC(registrar of companies) filings, the funding was made through allotment of 50,000 shares at Rs 6,509.25 apiece on September 27, 2... |
| 07.10.2017 | BigBasket To Raise US$250 Million In Series E Funding | BigBasket, the largest online food and grocery store of India, is in the final stages of closing a $250-$300 million Series E funding from new and existing investors, reports The Hindu BusinessLine citing anonymous sources. From the report:... |
