BigBasket.com, online grocery business run by Supermarket Grocery Supplies Pvt. Ltd, raised $150 million in a funding round led by Dubai-based Abraaj Group which saw the participation of new investors such as the International Finance Corporation and Sands Capital.
Existing investors like Bessemer Venture Partners, Helion Advisors, Zodius Capital and Ascent Capital also participated in the round, the Abraaj Group said in a statement on Tuesday.