Tata Group to acquire major stakes in BigBasket

[iDJ]

Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, a source familiar with the matter told TechCrunch.

The salt-to-software giant is buying over 60% stake in BigBasket, valuing the Indian startup between $1.8 billion to $2 billion, the source said, requesting anonymity as the deal is still private. BigBasket has raised over $750 million prior to the deal with Tata.

Tata Group reaches agreement to buy majority stake in BigBasket – TechCrunch

 

[rahul1117kumar]

https://twitter.com/x/status/1463575645967974403

Source

 

[Abhinav]

Now BigBasket is delivering like Flipkart Grocery in Trucks and secured properly in big plastic boxes. Earlier I used to get my orders by delivery boys on bikes and products scattered in their bags

 

[Harsh_10]

Now BigBasket is delivering like Flipkart Grocery in Trucks and secured properly in big plastic boxes. Earlier I used to get my orders by delivery boys on bikes and products scattered in their bags

I have reverse experience. Earlier they were delivering in baskets. Now delivery men/women are bringing orders on bike/activa.