Wednesday, June 14, 2017

Amazon Eyes BigBasket, Says Report

Seattle-based Amazon.com is looking to acquire online grocery service BigBasket, according to Bloomberg, which says BigBasket has denied Amazon is looking to acquire the company. Bloomberg cited "people familiar with the matter" in its report. BigBasket is venture backed by Abraaj Group, Bessemer Venture Partners, Helion Venture Partners plus Trifecta Capital and Bessemer Venture Partners.