IFC plans $25m investment in online grocery store BigBasket

IFC plans $25m investment in online grocery store BigBasket

Visual form the bigbasket website

The International Finance Corp.(IFC), the World Bank’s private lending arm, is planning to invest $25 million in Bangalore-based Supermarket Grocery Supplies (SGS) Pvt. Ltd., the company that owns and operates online grocery retailer BigBasket.com, to finance the expansion of the company’s wholesale trading and supply business in India.

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