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Research from Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

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Private Capital Markets

<ul><li><a href="https://www.bigbasket.com/" target="_blank" rel="noopener">BigBasket</a>, an India-based online grocery player owned by conglomerate Tata Sons, has raised US$200 million at a US$3.2 billion valuation, the platform’s co-founder and CEO Hari Menon told Tech in Asia.</li><li>Founded from a small office in Bengaluru in 2011 by Menon and four other partners, V S Sudhakar, Vipul Parek, Abhinay Choudhari, and V S Ramesh, BigBasket was <a href="https://economictimes.indiatimes.com/tech/startups/tata-says-acquired-a-majority-stake-in-online-grocery-bigbasket/articleshow/83029366.cms" target="_blank" rel="noopener">acquired</a> by Tata Sons through its subsidiary Tata Digital in 2021.</li><li>Largely focusing on online grocery, BigBasket has also expanded to quick commerce via BB Now and subscription-based service via BB Daily.</li></ul>

BigBasket, an India-based online grocery player owned by conglomerate Tata Sons, has raised US$200 million at a US$3.2 billion valuation, the platform’s co-founder and CEO Hari Menon told Tech in Asia.Founded from a small office in Bengaluru in 2011 by Menon and four other partners, V S Sudhakar, Vipul Parek, Abhinay Choudhari, and V S Ramesh, BigBasket was acquired by Tata Sons through its subsidiary Tata Digital in 2021.Largely focusing on online grocery, BigBasket has also expanded to quick commerce via BB Now and subscription-based service via BB Daily.

Tata-owned BigBasket adds $200m funding to cart

India

Innovative Retail Concepts Private Limited (IRCPL) Operates as a Online Food and Grocery Store. The Company Offers Fruits, Vegetables, Spices, Bakery, Dairy, Cakes, Personal Care, Beverages, Herbs, Organic Food, Flowers, and Sprouts. Innovative Retail Concepts Private Limited Serves Customers in India.

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Big Basket (1544931D IN)

Tata-owned BigBasket adds $200m funding to cart

BigBasket, an India-based online grocery player owned by conglomerate Tata Sons, has raised US$200 million at a US$3.2 billion valuation, the...

Tech in Asia

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