Alibaba-backed BigBasket eyes up to $200m in new fundraise

Alibaba-backed BigBasket eyes up to $200m in new fundraise

Bigbasket. Photo: Aniruddha Chowdhury/Mint

Online grocer BigBasket is planning to raise around $150-200 million, two people aware of the development said, as the coronavirus outbreak and the nationwide lockdown are expected to boost online grocery sales.