BigBasket receives $150 million in funding, becomes the newest unicorn
- This round has boosted the company’s valuation to over $1 billion, pushing it to the coveted ‘unicorn’ club
- Big Basket plans to use the newly-infused funds to deepen its presence in existing markets with development in its first mile
BENGALURU : Supermarket Grocery, which runs and operates the online grocery brand BigBasket, has received $150 million in a financing round led by South Korea’s Mirae Asset- Naver Asia Growth Fund, UK’s CDC Group, and existing investor Alibaba, said the company on Monday.
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