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BigBasket raises $150 million in latest funding, attains unicorn status

Updated : March 28, 2019 10:25 PM IST

The largest shareholder of BigBasket, Alibaba will invest $50 million in this round, while Mirae asset will put in $59.9 million, the company said in a filing with the Registrar of Companies (RoC).
After the latest investments, Alibaba will hold 26.26 percent stake, while Mirae Asset and CDC Group will own 5.31 percent and 3.54 percent, respectively in BigBasket.
BigBasket raises $150 million in latest funding, attains unicorn status

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