India's grocery start-up Big Basket gets $14.5 million boost in funding
Nabanita Dutta
News Editor
Image Credit: shortpedia
Big Basket is one of India's popular online grocery stores. They are competing against Amazon and Walmart backed Flipkart in the market. Big Basket has announced that they will receive $14.5 million in debt from local venture capital firm Trifecta capital. BigBasket had already closed $150 million of funding from a group of investors a few weeks ago. The company said that the new fund would be used to boost its cold chain.
