BigBasket in talks to buy IITians' startup RainCan: Report
Online grocer BigBasket is reportedly in advanced talks to acquire Mumbai-based micro-delivery startups RainCain and Supr Daily. Reports claimed RainCan had better chances of acquisition, given the terms and conditions of ongoing talk. Founded in 2015 by IIT Bombay alumni Munendra Singh and Abhijeet Kumar, RainCan offers a subscription model for daily essentials such as dairy, meat, and bakery.