Alibaba-backed BigBasket in talks to invest in local grocery delivery startups

Alibaba-backed BigBasket in talks to invest in local grocery delivery startups

An employee weighs tomatoes after packing them at a BigBasket warehouse on the outskirts of Mumbai November 4, 2014. REUTERS/Danish Siddiqui/Files

India’s largest grocery start-up BigBasket, which raised $300 million from Alibaba Group Holding Ltd earlier this year, is in early talks to make an investment in two smaller grocery delivery start-ups DailyNinja and Milkbasket, according to three people aware of the discussions.

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