BigBasket may raise $400 mn, become a billion-dollar startup
Grocery startup BigBasket is in talks to raise $400 million funding from new and existing investors, valuing it at $1.5-2 billion, according to reports. In February this year, BigBasket had raised $300 million in Series E funding led by Alibaba at a valuation of over $800 million. Earlier, reports said that BigBasket put merger talks with rival Grofers on hold.  