VC Firm Z3Partners Closes Rs 550 Crore Fund to Invest in Early Growth Startups
Z3Partners, a leading Indian technology and digital investment firm, said on Tuesday it had closed Rs 550 crore for its latest fund, which will invest...
Tag : Bigbasket
BigBasket to Raise $200 Million at a Valuation of $3.5 Billion
BigBasket, the Tata Digital-owned grocery firm, will soon raise USD 200 million at a valuation of USD 3 – USD 3.5 million. The financing is...
BigBasket FY22 Revenue Up 17% to Rs 7119 Crore, Loss Widens 4x to Rs 813 Crore
Innovative Retail Concepts Private Limited, which operates in the form of online food and grocery stores, commonly known as Bigbasket, reported revenue of Rs 7,119...
HDFC Life Invests in Fund Started by Early BigBasket Backer Pepperfry
HDFC Life invested in Z3Partners’ new Z3Partners Technology Fund, which focuses on digital investments, the insurer said on July 11, but the parties did not...
BigBasket Gets Rs 350 Crore from Its Holding Company
The innovative retail concept owned by Tata, which operates the online grocery platform BigBasket, has received a Rs 350 crore infusion from the holding company...
Slice Raises $50 Million Led by Existing Investor Tiger Global
Lending and payments platform Slice has raised $50 million, led by existing investor Tiger Global, as part of a Series C round aimed at propping...
Razorpay to Buy Majority Stake in Ezetap
Razorpay is in early talks to acquire a majority stake in Ezetap Mobile Solutions Pvt. Ltd. Byas Nambisan, CEO of Ezetap, confirmed that his company...
Flipkart to Lead $100 Million Funding Round in Ninjacart
Flipkart is in talks to lead a funding round of $100 million in supply chain startup Ninjacart. This will be one of the most significant...
Zomato Backsteps on Grocery Delivery for Second Time
Zomato has cancelled its grocery delivery plans for the second time in two years, the company declared in an email. Zomato had begun its 45-minute...
Tata Acquires Majority Stake in BigBasket
The Tata group has completed the purchase of a majority stake in online grocery BigBasket that would pitch the conglomerate against established heavyweights such as...