BigBasket Raises Fresh $40 Mn from CDC Group of UK Govt at Valuation of $1.2 Bn
23 April 2019 4:08 PM IST
Online grocer BigBasket has raised fresh $40 million from CDC Group, the UK government's development finance institution, reported LiveMint today. The
- Online grocer BigBasket has raised fresh $40 million from CDC Group , the UK government's development finance institution, reported LiveMint today.
- The investment is part of a bigger round of $150 million that BigBasket is raising at a valuation of $1.2 billion, making it the latest entrant to India's coveted unicorn club of startups.
- China's Alibaba investing $50 million, according to documents filed with the Registrar of Companies (RoC), and media reports.
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