BigBasket is looking to expand aggressively and leave behind Amazon India and Flipkart
In a bid to expand in micro-delivery space in online grocery sale, BigBasket is looking to invest in two smaller grocery delivery start-ups - DailyNinja and Milkbasket, reported Mint citing its sources familiar with the matter.
India’s largest grocery startup BigBasket has given an informal offer to both the firms and is discussing upon them. No information has been disclosed on the amount of investment. The talks are in initial stage and the companies have not reached to any final deals yet.
Moneycontrol couldn't independently verify the report.
The company, which raised USD 300 million from Alibaba Group earlier this year, is looking to expand aggressively and leave behind Amazon India and Flipkart, which are also trying to own a big share of grocery businesses.
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