M&A Deal Summary |
|
|---|---|
| Date | 2015-06-12 |
| Target | Delyver Retail Network Pvt |
| Sector | Retail |
| Buyer(s) | BigBasket |
| Deal Type | Add-on Acquisition |
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BigBasket is India's first comprehensive online grocery store. The Company's founding team has deep offline and online retail experience having pioneered e-commerce in India with India's first e-commerce site FabMart.com in 1999, and then setting up and running the Fabmall - Trinethra chain of supermarkets (now called "More"). The Company launched operations in Bangalore in December 2011. BigBasket offers a range of merchandise that can rival that of any physical store. The Company also provides a guarantee for on-time delivery, lowest prices, and great quality. BigBasket was formed in 2011 and is based in Bangalore, India.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Retail M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: India M&A | 1 of 1 |
| Year: 2015 M&A | 1 of 1 |
