BigBasket

12 Indian Startup News That You Don’t Want To Miss This Week [11 -16 Dec]

We provide you the weekly dose of critical Indian startup information of the week. The most talked about Indian startup information of the week was Jack Ma-led ecommerce behemoth acquiring the nod from Level of competition Commission of India(CCI) to the make investments in hyperlocal grocery shipping and delivery startup Bigbasket. Alibaba will be transferring…

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Alibaba Gets CCI Nod To Invest In Grocery Delivery startup Bigbasket

Just around a month immediately after seeking the acceptance of the Opposition Fee of India (CCI), it looks that Jack Ma-led ecommerce behemoth Alibaba has obtained the regulator’s nod to invest in hyperlocal grocery supply startup Bigbasket. According to CCI’s “Summary of the Combination”,  Alibaba.com Singapore E-commerce, a subsidiary of Alibaba Team Keeping, will be…

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Important Movers And Shakers Of The Indian Startup Ecosystem

We carry you the weekly dose of important movers and shakers of the 7 days. Ola Appoints Nitin Gupta As Head Of Ola Income Ola has appointed Nitin Gupta, co-founder and previous chief govt of payment gateway startup PayU India, as the head of Ola Income. The decision comes in line with Ola’s system to…

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Alibaba To Acquire 40% Stake In Hyperlocal Grocery Delivery Firm BigBasket For $300 Mn

With the year 2017 stepping to an finish, yet an additional significant offer is on its way in the Indian startup ecosystem. Alibaba together with Paytm Mall is all set to acquire all around 35% – 40% stake in hyperlocal grocery delivery startup BigBasket against an investment decision of $300 Mn. As per modern experiences,…

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Alibaba Seeks CCI Nod To Buy Stake In Online Grocery Startup Bigbasket

In a bid to get a stake in on the net grocery startup Bigbasket, Chinese ecommerce huge Alibaba has reportedly sought the acceptance of the Levels of competition Fee of India (CCI). The information arrives four months after the Jack Ma-led organization and Paytm Mall initiated discussions with Bengaluru-dependent Bigbasket for a potential $200 Mn…

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Flipkart Pilots Online Grocery Delivery Service Supermart In Bengaluru

As news of Amazon India delaying its entry in the meals retail circled the ecosystem, Flipkart has taken nevertheless another move to bolster its presence in the on the net grocery segment. The ecommerce unicorn has designed a soft start of its on the net grocery shipping services, ‘Supermart’ in Bengaluru. For now, the services…

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Indian Startup Funding Of The Week [30 Oct -04 Nov]

We carry to you the latest edition Funding Galore: Indian Startup Funding of the 7 days. This 7 days 12 Indian startups lifted about $36 Mn in funding completely in the Indian startup ecosystem. (The startup funding calculations are based mostly on the startups that disclosed their funding quantities) Indian Startup Funding Of The 7…

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Quikr To Soon Roll Out On-Demand Grocery And Food Delivery Service.

On the internet categorised platform Quikr will shortly be rolling out on-desire grocery and food shipping services. Quikr ideas to make this foray by partnering with neighbourhood merchants and restaurants from exactly where shoppers can purchase merchandise ranging from grocery to food items. In food shipping, Quikr will contend with on-desire platforms such as Zomato,…

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Grocery Startup Bigbasket Raises $8.02 Mn Funding To Take On Grofers

In a bid to compete efficiently with Grofers, on the net marketplace grocery shipping and delivery, the inventory-led organization BigBasket has raised $8.02 Mn (INR 52 Cr) in funding from four of its existing investors. Investors who participated in this round of funding consist of Abraaj Basket, Bessemer Undertaking Associates together with International Finance Corp…

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