Bengaluru: Tata-owned Innovative Retail Concepts, which runs online grocery platform BigBasket, has received a capital infusion of Rs 1,000 crore from holding company Supermarket Grocery Supplies, regulatory filings sourced from business intelligence platform Tofler showed.

ET reported on March 23 about how the Bengaluru-based firm was planning to offer multiple models of delivery to consumers including one-hour delivery of BB Express besides the recently launched 10-20 minutes delivery service, BB Now. Besides the egrocery business, BigBasket is providing key logistics infrastructure to ecommerce delivery of other Tata brands too. BigBasket is one of its key online businesses. BigBasket is the largest online grocer in the country.

Bigbasket Gets Rs 1,000 Crore Investment

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Bigbasket Gets Rs 1,000 Crore Investment

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