BigBasket raised Rs 350 crore from holding company Supermarket Grocery Supplies


Tata Digital-owned Innovative Retail Concepts, which runs online grocery platform BigBasket, raised Rs 350 crore from holding company Supermarket Grocery Supplies, regulatory filings sourced from business intelligence platform Tofler showed.


According to the filings, the most recent investment was approved on May 24. The increased investment comes as Tata Digital promotes its super app Tata Neu. After several delays, Tata Digital released the app on April 7 and advertised it throughout the Indian Premier League (IPL).

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