BigBasket raises $300 million from Alibaba, others2 min read . Updated: 03 Feb 2018, 12:07 AM IST
The Series E investment, which had been in the works for several months, is the largest raised by BigBasket
BigBasket, operated by Supermarket Grocery Supplies Pvt. Ltd, on Friday said it has raised $300 million in a Series E funding round led by Alibaba Group Holding Ltd, announcing a widely anticipated deal that would give the online grocery firm the resources to hold on to its lead in the market.
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