Bigbasket In Talks For Possible Merger With Grofers India

by B2B Desk 2017-04-19 12:35:12

India’s online grocery delivery service BigBasket and smaller rival Grofers India have begun talks on a possible merger, newspaper Mint reported on 18 April, citing sources. If the merger goes through, SoftBank Group, which is an existing investor in Grofers, will participate in a $60-100 million funding round in the merged company, the report added.

The talks, which are in early stages, may value BigBasket at about $700-800 million, while Grofers could be valued at $150-200 million, Mint added.

Share

POPULAR POSTS

What is the Bond Market & How Does It Impact Your Investments?

by B2B Desk, 2025-02-05 09:42:55

Mutual Fund SIP Inflows Surpass Rs 26,000 Crore for the First Time

by B2B Desk, 2025-01-10 08:37:27

Razorpay Initiates HQ Shift to India from US, Eyes IPO in 2026

by B2B Desk, 2024-12-24 10:33:35

Stock Market Crash: Sensex Cracks 1,200 Points; Why is the Indian Stock Market Falling Today? Explained with 5 Factors

by B2B Desk, 2024-12-19 06:29:28

How to Build a Diversified Mutual Fund Portfolio in 2025

by B2B Desk, 2024-12-16 08:25:27

BSE, NSE to Serve as Alternative Trading Venues for Each Other in Case of Outages: SEBI

by B2B Desk, 2024-11-29 09:05:18

NPTC Green Energy IPO Likely to Open on November 18; Check Details

by B2B Desk, 2024-11-08 08:28:32

Follow on Insta

RECENTLY PUBLISHED

Upcoming Tech Events in India 2025: Must-Attend Summits & Startup Showcases

by Anmol Chitransh, 2025-04-29 09:29:46

Exchange-Traded Fund (ETF): A Practical Guide to Smart Investing

by Anmol Chitransh, 2025-04-17 10:18:20

Zerodha Success Story: How Two Brothers Built India’s Leading Discount Broker

by Anmol Chitransh, 2025-04-09 12:01:36

The Ultimate Guide to Telegram's Business Model: Innovation, Privacy, and Revenue Strategies

by Anmol Chitransh, 2025-04-04 09:01:59

The Ultimate Guide to Commodity Trading: Strategies, Risks, and Opportunities

by Anmol Chitransh, 2025-04-02 07:06:01

Remembering Han Jong-Hee: The Visionary CEO of Samsung Electronics

by Anmol Chitransh, 2025-03-25 06:57:04

x