ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Markets

BigBasket gets funds from Alibaba, Mirae as investors bet on Indian startups

Online grocery retailer receives $150 million

An employee carries goods at a BigBasket warehouse on the outskirts of Mumbai.   © Reuters
| India

MUMBAI (NewsRise) -- Indian online grocery retailer BigBasket received funds worth $150 million from Alibaba Group and other global investors, signaling the rebound in interest in south Asian nation's online startups.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more