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BigBasket Acquisition, Valuation, Funding & Investors
BigBasket was acquired by Tata Group for $1.9B in February 2021, a 3.7x multiple on $510M of revenue.
BigBasket acquisition price
$1.9B
Acquired by Tata Group · Feb 2021
BigBasket revenue at acquisition
$510M
Last twelve months · Feb 2021
BigBasket revenue multiple at acquisition
3.7x
EV/Revenue · Feb 2021
Cumulative funding BigBasket raised
$1.4B
across 14 funding rounds
About BigBasket
BigBasket is a Bengaluru-headquartered online grocery retailer operating in over 25 Indian cities. Acquired by Tata Digital in 2021, it offers more than 40,000 products including fresh fruits, vegetables, staples, personal care items, and household essentials. Customers select from slotted delivery windows via bigbasket.com, with all items undergoing quality checks and secure packaging before doorstep arrival.
Founded
2011
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Product sales
Revenue
$798M (Jun 2022)
Valuation
$3.2B (Dec 2022)
BigBasket Acquisition
BigBasket was acquired by Tata Group for $1.9B on 16 February 2021.
The acquisition price implies a 3.7x revenue multiple on $510M of revenue.
Before the acquisition BigBasket had raised $1.4B across 14 funding rounds.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 16 Feb 2021 | Strategic M&A | $1.9B | 3.7x |
BigBasket Valuation
BigBasket is currently valued at $3.2B, based on its undisclosed-stage round in December 2022.
The $200M round was led by Tata Digital.
BigBasket's valuation has grown 8.0x from $400M at its Series C in August 2015 to $3.2B in December 2022, across 8 priced rounds.
BigBasket valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Dec 2022 | Undisclosed stage | $3.2B | - |
| Jun 2022 | Undisclosed stage | $3.2B | 4.0x |
| Apr 2020 | Undisclosed stage | $1.2B | - |
| May 2019 | Series F | $1.1B | 6.8x |
| Feb 2018 | Series E | $950M | 4.3x |
| Sep 2017 | Series E | $800M | 6.8x |
| Mar 2016 | Series D | $500M | - |
| Aug 2015 | Series C | $400M | 1.0x |
BigBasket Revenue
BigBasket's latest recorded revenue is $798M, as of its undisclosed-stage round in June 2022. At a $3.2B valuation, that implies a 4.0x revenue multiple.
Revenue grew from $400M in August 2015 to $798M in June 2022, while the revenue multiple moved from 1.0x to 4.0x.
BigBasket revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2022 | $798M | $3.2B | 4.0x | Undisclosed stage |
| May 2019 | $169M | $1.1B | 6.8x | Series F |
| Feb 2018 | $220M | $950M | 4.3x | Series E |
| Sep 2017 | $117M | $800M | 6.8x | Series E |
| Aug 2015 | $400M | $400M | 1.0x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
BigBasket Funding History
BigBasket has raised a total of $1.4B across 14 funding rounds.
BigBasket's first fundraising round was a $3M Series B in April 2014. The most recent completed round was a $200M undisclosed-stage round in December 2022.
BigBasket funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2022 | Undisclosed stage | Tata Digital (lead) | $200M | $3.2B | BigBasket, a leading Indian e-grocery platform owned by Tata Digital (64% stake), raised $200 million from Tata Digital in December 2022, marking the fourth such round from its parent. The funding boosted the company's post-money valuation to $3.2 billion, up from $2.7 billion in a March 2022 secondary sale. CEO Hari Menon indicated the capital would strengthen infrastructure, ramp up marketing for core grocery expansion, and invest $40-50 million in quick commerce service BB Now, aiming to add 100 dark stores to cover all customers by early 2023. The round supports BigBasket's push into quick commerce launched in December 2021, competing with Instamart, Blinkit, and Zepto. BB Now operates in over 24 cities with monthly gross sales of Rs 130 crore (targeting Rs 320 crore by end-2023) via 200+ dark stores, planning to reach 300 by March 2023. Core grocery business expected to hit operating profitability by Q3 of next FY, with gross sales estimated at $1.5 billion for FY2023 and targeting $2 billion in FY2024. Tata Digital, a Tata Group subsidiary, has backed BigBasket's growth alongside other ventures like 1mg. Post-round, BigBasket eyed an IPO by 2025 potentially raising $1 billion at $5 billion valuation. The company serves millions via scheduled and 30-minute deliveries of groceries, essentials, and more, leveraging COVID-19-driven online shifts and acquisitions like Harvest Gold. |
| Jun 2022 | Undisclosed stage | - | $45M | $3.2B | BigBasket is an Indian online grocery platform offering scheduled deliveries, quick commerce via BB Now (10-20 minute delivery), and logistics support for other Tata brands. Owned majority by Tata Digital (over 65% stake since May 2021 acquisition at ~$1.85B valuation), it operates as a key player in India's e-grocery market, pivoting from slotted to ultra-fast delivery amid competition. A December 2022 Series G round raised USD 200M led by Tata Digital, valuing the company at USD 3.2B post-money, aimed at infrastructure, marketing, and quick commerce growth. BigBasket has raised over $970M-$1.5B total across multiple rounds from investors including Tata Group, Mirae Asset, CDC Group (now British International Investments), Alibaba, and Bessemer. April 2022 saw INR 10B (~USD 120M) raise for scaling operations. Post-2022 developments include debt financings like INR 2B in Nov 2025 from DBS Bank and USD 22.7M (~INR 200Cr) for dark stores and quick commerce push. Tata Digital explored $1B+ external raise for BigBasket in 2025 at implied high valuations, leveraging group retail infrastructure; no IPO imminent. BigBasket competes in India's quick commerce space, expanding physical presence and services like prescription drugs from May 2025. |
| Apr 2022 | Undisclosed stage | - | $131M | - | BigBasket is an Indian online grocery delivery platform owned by Tata Digital, offering a wide range of products including groceries, essentials, and quick commerce via BB Now, operating across multiple cities with logistics support for other Tata brands. In April 2022, it raised INR 10 billion (approx. USD 120 million) in a series unknown round, with valuation not publicly disclosed, aimed at scaling operations and enhancing service offerings. A subsequent June 2022 round raised INR 3.5 billion (USD 42 million) from holding company Innovative Retail Concepts for expansion including one-hour BB Express and 10-20 minute BB Now delivery. Later in December 2022, BigBasket secured USD 200 million led by Tata Digital at a USD 3.2 billion valuation to expand infrastructure, marketing, and quick commerce. The company competes in the intensifying quick commerce space against Blinkit, Instamart, and Zepto, planning to add electronics delivery like mobiles and wearables. BigBasket continues generating over 90% of sales through its own platforms, with ambitions for profitability and a potential 2025 IPO, alongside recent debt raises for capex without equity dilution. |
| Jul 2021 | Series A | British International Investment (lead) | $12M | - | BigBasket raised $11.6 million in July 2021 led by British International Investment to expand market reach and improve service delivery. This equity investment was made into Supermarket Grocery Supplies Private Limited, operating in consumer staples distribution and retail in India. British International Investment, formerly CDC Group, committed the funds in INR and USD. The round followed prior investments by BII, including $40 million in April 2019 and $1.79 million in March 2020, both active as of the latest reports. In May 2021, Tata Group acquired a majority stake from Alibaba, valuing BigBasket between $1.5 billion and $2 billion, with Tata owning over 65% and investors including Mirae Asset and BII remaining. BigBasket, owned by Tata Digital, competed in India's quick commerce market against players like Blinkit, Zepto, and Swiggy Instamart. |
| Apr 2020 | Undisclosed stage | Alibaba Group (lead); Mirae Asset Venture Investment; British International Investment | $60M | $1.2B | BigBasket is India's largest online grocery platform, founded in 2011 and operating across 30 Indian cities with over 10 million customers by 2020. The company offers fresh groceries, daily essentials, and household products through its e-commerce platform, competing primarily with Amazon, Flipkart, Grofers, and micro-delivery services. In April 2020, BigBasket received a $60 million convertible note investment from existing backers including Alibaba Group, Mirae Asset Ventures, and the CDC Group (British International Investment), bringing the company's post-money valuation to $1.2–$1.3 billion. This round was executed during the COVID-19 pandemic when e-commerce adoption surged, and the company continued its rapid growth trajectory. By May 2020, just one month after the funding close, BigBasket's annualized gross sales had crossed $1 billion in run-rate, with monthly sales reaching approximately $102 million (Rs 750 crore). The company also reported record customer acquisition during the pandemic period, with the number of new customers rising 84% compared to pre-COVID levels and order volumes reaching 300,000 per day during peak pandemic demand. BigBasket's strong operational metrics and market position in India's fast-growing online grocery sector made it a key investment target for both growth-stage venture capitalists and strategic acquirers like Alibaba. |
| May 2019 | Series F | Mirae Asset-Naver Asia Growth Fund (lead); British International Investment; Growth Story; Alibaba Group | $150M | $1.1B | BigBasket, an online grocery platform founded in 2011, operated through entities like Supermarket Grocery Supplies for B2B and Innovative Retail for consumer sales. In FY19 (April 2018-March 2019), Supermarket Grocery reported revenue from operations of Rs 1,583 crore, up from Rs 1,583 crore in FY18 per filings, though another projection expected overall FY19 revenue at INR 3,500 crore. Expenses exceeded Rs 1,875 crore with losses of Rs 272 crore. Innovative Retail saw FY18 revenue of INR 1,410 crore and losses of INR 179 crore. BigBasket held over 35% market share in India's online grocery sector in 2019, ahead of Grofers and Amazon, amid a market valued at 100.7 billion rupees. Post-round, BigBasket planned supply chain investments of $100 million for faster delivery and aimed to boost private label products to 40% of sales by end-2019, expanding to 20 large and 100 smaller distribution centers. FY20 saw revenue growth to Rs 2,754 crore for Supermarket Grocery with losses widening to Rs 572 crore. The company served over 10 million customers across 30 cities, handling 100,000 daily orders. |
| Jul 2018 | Series E | Trifecta Capital Advisors | $400K | - | - |
| Feb 2018 | Series E | Alibaba Group (lead); Sands Capital Ventures; Bessemer Venture Partners; International Finance Corporation; Abraaj Group | $300M | $950M | BigBasket, a Bengaluru-based online grocery delivery platform under Supermarket Grocery Supplies, raised $300 million in its Series E funding round in early 2018, led by Alibaba Group with participation from existing investors including Abraaj Group, Sands Capital Ventures, International Finance Corporation, and Bessemer Venture Partners. Alibaba contributed the largest portion, around $145-225 million, making it the biggest shareholder, while the round valued the company at a post-money valuation of $950 million, positioning it just shy of unicorn status. The funding came amid reports of Alibaba seeking CCI approval for its investment into BigBasket's parent entity, with earlier speculations of a $300 million deal for 35-40% stake at $850 million valuation, though the finalized post-money figure reached $950 million. BigBasket had previously closed FY2017 with $220.38 million (INR 1,410 crore) in revenue and achieved break-even in slotted delivery operations in key markets Bengaluru and Hyderabad. This round built on BigBasket's growth in India's burgeoning online grocery sector, projected by Goldman Sachs to reach $40 million by FY19 at a 62% CAGR through 2022. The capital supported expansion in hyperlocal grocery delivery amid intensifying competition from players like Grofers, Amazon, and Flipkart. BigBasket later achieved unicorn status in a subsequent 2019 Series F round at around $2-2.3 billion valuation with another $150 million from Alibaba, Mirae Asset, and CDC Group. |
| Oct 2017 | Series A | Helion Venture Partners (lead); Sands Capital Ventures; Ascent Capital; Bessemer Venture Partners; Paytm Mall; Trifecta Capital Advisors; International Finance Corporation; Alibaba Group; Brand Capital; Abraaj Group | $5M | - | BigBasket operates as an online grocery platform in India with two main entities: Supermarket Grocery Supplies (B2B wholesale) and Innovative Retail (consumer-facing online portal). In FY17, the wholesale arm generated revenue of Rs 1,176 crore, doubling from Rs 563 crore in FY16, while Innovative Retail reported Rs 1,090 crore, up from Rs 527 crore. The company was expanding rapidly in the online grocery sector, competing with players like Grofers. Around mid-2017, BigBasket achieved a monthly gross merchandise value run rate of Rs 200 crore, with plans to reach Rs 300 crore by August 2018 and Rs 500 crore by March 2019. Online grocery penetration in India stood at 1% but grew at 55-60% momentum, attracting entrants like Flipkart and Amazon. |
| Sep 2017 | Series E | Alibaba Group (lead); Paytm Mall (lead); Sands Capital Ventures; Abraaj Group | $280M | $800M | BigBasket is India's leading online grocery platform founded in 2011. The company operates through two main entities: Supermarket Grocery Supplies (B2B wholesale) and Innovative Retail (B2C online grocery portal). In August 2017, BigBasket closed a significant $300 million funding round led by Alibaba, marking a major capital infusion to accelerate growth. The round also included participation from Abraaj Group, Paytm Mall, and Sands Capital Ventures, validating the company's market position and growth potential. BigBasket's B2C arm, Innovative Retail Concepts Pvt Ltd, reported revenue of Rs 1,090 crore in FY17 (ended March 2017), representing a 100% increase from Rs 527 crore in FY16. CEO Hari Menon disclosed that at the time of the funding, BigBasket was operating at a monthly gross merchandise value run rate of Rs 200 crore, with expectations to reach Rs 300 crore by August 2017 and Rs 500 crore by March 2019. The online grocery market in India represented only 1% penetration but was growing at 55-60% annually, attracting competition from Grofers (which raised Rs 400 crore from SoftBank) as well as larger players like Flipkart and Amazon entering the segment. BigBasket's market traction and execution in achieving Rs 50 crore ARR in just 18 months demonstrated strong product-market fit and operational capability in India's nascent e-grocery space. |
| Mar 2016 | Series D | Abraaj Group (lead); Sands Capital Ventures; Zodius Capital; Ascent Capital; Bessemer Venture Partners; International Finance Corporation; Helion Venture Partners | $150M | $500M | BigBasket, a Bangalore-based online grocery platform founded in 2011, raised $150 million in an expanded funding round on March 22, 2016, led by UAE-based Abraaj Group, with participation from new investors International Finance Corporation and Sands Capital, alongside existing backers Bessemer Venture Partners, Helion Advisors (or Helion Venture Partners), Zodius Capital, and Ascent Capital. The company operated in 8 metro cities and 10 Tier II cities, offering about 19,000 products across 1,000 brands including fruits, vegetables, meat, beverages, and personal care items. It reported averaging five million monthly unique visitors, over one million app downloads, and executing about one million orders per month at the time. The funds were earmarked for expanding into existing markets, entering more Tier II cities, scaling the recently launched one-hour express delivery service, launching a marketplace for specialty stores, increasing private label products (which accounted for 33% of sales and were projected to reach 40% by year-end), and broadening product ranges to drive growth in revenue and profitability. BigBasket claimed a five-fold increase in monthly revenues over the prior 18 months, attributed to supply chain optimizations and higher-margin private labels. This round followed prior raises including $50 million from Bessemer in August 2015, Rs 200 crore in September 2014 led by Helion and Zodius, and $10 million from Ascent in 2012, bringing cumulative funding over $230 million. The investment marked Abraaj's third in global e-commerce after Hepsiburada and Careem, and third in India recently. BigBasket competed with hyperlocal players like Grofers (which raised $120M in November 2015) and PepperTap ($36M in 2015), amid optimism for India's e-commerce growth projected to reach $300 billion by 2030 per Goldman Sachs estimates. |
| Aug 2015 | Series C | Bessemer Venture Partners (lead); Zodius Capital; Ascent Capital; Brand Capital; Helion Venture Partners | $50M | $400M | BigBasket is India's largest online grocery retailer founded in 2011 by Hari Menon, V S Sudhakar, Vipul Parekh, V S Ramesh, and Abhinay Choudhari. The company operates an inventory-based model delivering products directly from large warehouses to customers across multiple Indian cities, differentiating itself from hyperlocal competitors like Grofers and PepperTap. In August 2015, BigBasket closed a $50 million Series C funding round led by Bessemer Venture Partners, with participation from new investors Helion Venture Partners and Ascent Capital, and existing investor Zodius Capital. The round valued the company at $400 million post-money. The capital was earmarked to expand into 50 additional Tier-II cities and launch one-hour delivery service capabilities acquired through the hyperlocal startup Delyvr. At the time of the round, BigBasket reported a revenue run rate of $400 million, representing a four-fold increase from $100 million in August 2014, with the company projecting $1 billion revenue run rate by fiscal year 2017. The company had closed fiscal 2015 (ended March 2015) with net sales of Rs 170 crore and was fulfilling approximately 6,000 orders daily with an average order value of Rs 1,500. Private label products contributed roughly 33 percent of revenue. The company faced headwinds including low grocery industry margins, substantial logistics costs, and inventory carrying expenses, though the inventory model enabled broader product selection than merchant-partnership competitors. |
| Sep 2014 | Series B | Helion Venture Partners (lead); Zodius Capital; Ascent Capital; LionRock Capital | $33M | - | BigBasket is India's leading online grocery delivery platform. The available data shows the company grew from USD 82 million in revenue in 2015-16 to USD 1.1 billion in 2020-21, demonstrating rapid expansion in India's online grocery market. As of June 2021, BigBasket operated in 35 cities and served approximately 220,000 orders per day with an average order value of INR 1,482 (USD 20). |
| Apr 2014 | Series B | LionRock Capital (lead) | $3M | - | BigBasket is an online grocery retailer founded in 2011 and based in Bangalore, India. The company delivers a wide range of grocery products including fruits, vegetables, bakery items, dairy products, and frozen foods to customers across multiple Indian cities. In April 2014, LionRock Capital invested $3 million in BigBasket as bridge funding. This investment was subsequently rolled into a larger Series B round. At the time of the April investment, BigBasket had generated approximately Rs 250 crore in expected annual revenue and was processing over 5,000 orders per day with an average order value of Rs 1,600. The company had expanded to three cities—Bangalore, Hyderabad, and Mumbai—and operated with a customer base exceeding 1.5 lakh users, growing at more than 20% month-on-month. By September 2014, BigBasket raised Rs 200 crore (approximately $32.8 million) led by Helion Ventures and Zodius Capital, with LionRock Capital and existing investors Ascent Capital participating. This round valued the company at over Rs 1,000 crore, establishing BigBasket as one of India's highest-valued e-commerce vertical players at that time. The capital was allocated toward geographic expansion to ten major Indian cities by December 2015 and investments in technology infrastructure to enhance customer experience through data analytics and logistics optimization. |
Who has invested in BigBasket?
17 investors have backed BigBasket across its funding rounds, including Alibaba Group, Bessemer Venture Partners, Sands Capital Ventures, Helion Venture Partners, Ascent Capital and Abraaj Group.
Lead investors include Tata Digital, British International Investment, Alibaba Group, Mirae Asset-Naver Asia Growth Fund, Helion Venture Partners and 4 other investors.
BigBasket Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Sep 2017 | ||
| 4 | Participant | Mar 2016 | ||
| 4 | Participant | Sep 2014 | ||
| 4 | Lead | Aug 2015 | ||
| 4 | Lead | Sep 2014 | ||
| 4 | Lead | Mar 2016 | ||
| 3 | Participant | Sep 2014 | ||
| 3 | Lead | May 2019 | ||
| 3 | Participant | Mar 2016 | ||
| 2 | Lead | Sep 2017 | ||
| 2 | Participant | Oct 2017 | ||
| 2 | Participant | Aug 2015 | ||
| 2 | Lead | Apr 2014 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by BigBasket
BigBasket has acquired 6 companies to date.
Last acquisition by BigBasket was on February 19th 2022. BigBasket acquired Agrima Infotech for undisclosed valuation.
Latest Acquisitions by BigBasket
| Description | Agrima Infotech is a computer vision startup based in India that identifies fruits and vegetables from images without barcodes. Its AI app serves retailers, warehouses, and exporters for inventory and quality checks on mangoes, tomatoes, onions, and 50-plus produce types. | DailyNinja is a hyper-local delivery platform in India for household essentials. Users subscribe for weekly or monthly shipments of daily needs, booked conveniently through the app for doorstep fulfillment. | KWIK24 is a Bengaluru-based designer of IoT-enabled vending machines for snacks and beverages. Founded in 2016, the company deploys smart units with cashless payments, inventory tracking, and remote monitoring in offices, malls, and transit hubs across India. | Morning Cart is a Bengaluru-based e-commerce platform for on-demand delivery of daily essentials such as groceries, fresh produce, dairy, household cleaners, and personal care items. Operating in urban India, the service promises delivery within 10 to 30 minutes through a network of dark stores and partnered kirana shops. Morning Cart targets busy professionals and families with scheduled recurring orders, flash sales on staples like rice, oils, and spices, and integration with popular digital wallets for seamless transactions. | |
| HQ Country | |||||
| HQ City | Kochi | Bangalore | Bangalore | Bangalore | |
| Deal Date | 19 Feb 2022 | 24 Mar 2020 | 19 Oct 2018 | 19 Oct 2018 | |
| Valuation | undisclosed | $6M | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Investments by BigBasket
BigBasket has invested in 1 company to date.
Latest investment by BigBasket was on April 24th 2020. BigBasket invested in DailyNinja in their $4M Strategic investment round.
Latest Investments by BigBasket
| Description | DailyNinja is a hyper-local delivery platform in India for household essentials. Users subscribe for weekly or monthly shipments of daily needs, booked conveniently through the app for doorstep fulfillment. |
| HQ Country | |
| HQ City | Bangalore |
| Deal Date | 24 Apr 2020 |
| Round | Strategic investment |
| Raised | $4M |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all BigBasket investments and their VC round multiples. Start Free Trial | |
BigBasket Competitors
BigBasket competitors include listed companies like Blibli and Vishal Mega Mart, and private ones like Wanda E-Commerce, Nuvemshop, VANCL and Yunwang Wandian.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $3.2B | - | ||
| Private | - | - | $3.1B | - | ||
| Private | - | - | $3B | - | ||
| Private | - | - | $3.6B | - | ||
| Publicly listed | $1.3B | ($83M) | $2.2B | 1.6x | ||
| Publicly listed | $1.3B | $204M | $4.9B | 3.4x |
BigBasket Public Comps
BigBasket is no longer listed, but its public comps include Inchcape, Openlane, Blibli, momo.com, Polibeli Group, ACV Auctions, Modivo, Xingyun Technology, Suning.com and DeNA.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $867M | 0.4x | 0.4x | 5.4x | 5.0x | |||
| $1.9B | $302M | 2.4x | 2.2x | 15.2x | 12.2x | |||
| $1.3B | ($83M) | 1.9x | 1.6x | (28.2x) | (21.5x) | |||
| $3.4B | $148M | 0.6x | 0.6x | 13.2x | 12.2x | |||
| $26M | ($4M) | 76.5x | - | (495.5x) | - | |||
| $760M | ($19M) | 2.3x | 2.1x | (89.6x) | 24.8x | |||
| $2.9B | $224M | 1.0x | 0.9x | 12.8x | 7.3x | |||
| $22M | ($14M) | 218.4x | - | (338.4x) | - | |||
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Common questions about BigBasket
| When was BigBasket founded? | BigBasket was founded in 2011. |
| Where is BigBasket headquartered? | BigBasket is headquartered in Bangalore, India. |
| Is BigBasket publicly listed? | No, BigBasket was acquired by Tata Group in February 2021. |
| Who acquired BigBasket? | BigBasket was acquired by Tata Group in February 2021. |
| How much was BigBasket acquired for? | BigBasket was acquired for $1.9B in February 2021, a 3.7x revenue multiple. |
| What is BigBasket's valuation? | BigBasket was last valued at $3.2B in its undisclosed-stage round in December 2022. |
| How much funding has BigBasket raised? | BigBasket has raised $1.4B across 14 funding rounds. |
| What was BigBasket's last funding round? | BigBasket's last funding round was a $200M undisclosed-stage round in December 2022, led by Tata Digital. |
| Who are BigBasket's investors? | BigBasket's investors include Alibaba Group, Sands Capital Ventures, Ascent Capital, Bessemer Venture Partners, Helion Venture Partners, Abraaj Group, Zodius Capital, British International Investment, International Finance Corporation, Paytm Mall and 7 others. |
| What is BigBasket's revenue? | BigBasket's latest recorded revenue is $798M (June 2022). |
| What is BigBasket's revenue multiple? | BigBasket's latest valuation implies a 4.0x revenue multiple ($3.2B valuation on $798M of revenue). |
| Which companies are comparable to BigBasket? | Companies comparable to BigBasket include Wanda E-Commerce, Nuvemshop, VANCL, Yunwang Wandian, Blibli and Vishal Mega Mart. |
| How many companies has BigBasket acquired? | BigBasket has acquired 6 companies, including Agrima Infotech, DailyNinja, KWIK24, Morning Cart and Raincan. |
| What was the largest acquisition by BigBasket? | The $6M acquisition of DailyNinja in March 2020 is the largest acquisition BigBasket has made to date. |
| How many companies has BigBasket invested in? | BigBasket has invested in 1 company, including DailyNinja. |
| What was BigBasket's last investment? | In April 2020, BigBasket invested in DailyNinja's $4M strategic investment round. |
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