Tag: Bigbasket
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BigBasket Raised $839K From Trifecta Venture Debt Fund
Bangalore-based online grocery store BigBasket, has raised Rs $839K (Approx. INR 5.5 Crore) from its existing investor Trifecta Capital. The fresh fund seems to be the extension of its previous funding from the investors. The company had previously raised Rs 45 crore from Trifecta Capital in March this year, to set up new warehouses, strengthening…
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BigBasket Enters Into 60-day Exclusive Agreement For A Possible Sale To Amazon
Online retail giant Amazon has signed a 60-day exclusivity agreement with online grocery startup BigBasket over a potential acquisition. Within this period BigBaskte can’t negotiate a sale offer with any other company. However, it doesn’t stop it startup from seeking investments. Valued at $450 Mn in last round of funding, BigBasket wants a valuation of…
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MobiKwik Expands Reach To Online Grocery Market; Ties Up With Grofers, BigBasket And Others
If you are a frequent user of Grofers, BigBasket, MeraGrocer or GrocerMax, there is a good news for you. Now you can pay for your shopping at these grocery stores through your MobiKwik wallet. MobiKwik recently tied up with these online stores to provide the customers a seamless and hassle free transaction. Most MobiKwik users make…
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Why Hyperlocal Startups Are The Next Wave In India?
From the last couple of years India has witnessed an exponential growth in hyper-local startups, easing things for customers. You could order food to your door step, electronics, and clothes to grocery to services. Literally everything a person needs in his day to day life is now a click away. Who would have imagined having…