India: Online grocery retailer BigBasket close to raising $120m from Sands Capital, IFC

India: Online grocery retailer BigBasket close to raising $120m from Sands Capital, IFC

Visual from BigBasket website

Online grocery retailer BigBasket is very close to raising $120-million (about Rs 800 crore) as part of its latest funding round to take on rivals Grofers and PepperTap, as per a report in The Economic Times.

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