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Total amount raised
$943M
Latest funding date
2025-11-20
Location
BigBasket has successfully navigated 22 funding rounds, with its latest being a Debt Financing round. The company has attracted investments from notable entities, including DBS Bank and Tata Digital.
Acquired by Tata Group, BigBasket continues to expand its reach and services. Keep reading to explore the intricacies of BigBasket's fundraising journey and the investors backing this innovative platform.
BigBasket is India's leading online grocery platform, backed by Tata Digital. The company has raised funding across 22 rounds, with key investors including Tata Digital, Alibaba Group, Mirae Asset, Bessemer Venture Partners, and DBS Bank. Read on to explore BigBasket's full fundraising journey.
Keep reading to discover how BigBasket built one of India's most-funded e-commerce companies.
What Is BigBasket?
BigBasket (legally Supermarket Grocery Supplies Pvt. Ltd.) is India's largest online food and grocery platform, headquartered in Bengaluru, Karnataka. Founded in October 2011 by Hari Menon, V.S. Sudhakar, Vipul Parekh, Abhinay Choudhari, and R. Ravichandra, BigBasket offers over 18,000 products spanning fresh produce, staples, personal care, and household items. It operates across more than 30 cities in India and is majority-owned by Tata Digital (a subsidiary of Tata Sons), which acquired a 64% controlling stake in 2021. The platform serves millions of customers through both scheduled and rapid delivery models, and has expanded into quick commerce (10-minute delivery) via dark stores.
How Much Funding Has BigBasket Raised?
- Seed Round
- Amount Raised: ~USD 978,000
- Date: December 2011
- Lead Investors: Undisclosed
- Series A (First Tranche)
- Amount Raised: USD 10,000,000
- Date: February 2012
- Lead Investors: Ascent Capital
- Other Investors: Brand Capital
- Series A (Second Tranche)
- Amount Raised: USD 5,740,000
- Date: August 2013
- Lead Investors: Srihari Kumar (LionRock Capital)
- Other Investors: Ascent Capital
- Series B
- Amount Raised: USD 32,800,000
- Date: September 2014
- Lead Investors: Helion Venture Partners, Zodius Capital
- Other Investors: Ascent Capital, LionRock Capital
- Series C (First Tranche)
- Amount Raised: USD 14,500,000
- Date: February 2015
- Lead Investors: Bessemer Venture Partners
- Series C (Second Tranche)
- Amount Raised: USD 55,600,000
- Date: August 2015
- Lead Investors: Bessemer Venture Partners
- Other Investors: Sands Capital, Ascent Capital, Helion Venture Partners
- Series D (First Tranche)
- Amount Raised: USD 150,000,000
- Date: March 2016
- Lead Investors: The Abraaj Group
- Other Investors: Bessemer Venture Partners, Helion Venture Partners, IFC, Sands Capital Ventures, Zodius Capital, Ascent Capital, TR Capital
- Series D (Second Tranche)
- Amount Raised: USD 16,200,000
- Date: March 2017
- Lead Investors: Sands Capital Ventures
- Other Investors: Bessemer Venture Partners, Trifecta Capital, The Abraaj Group, IFC
- Series D (Third Tranche)
- Amount Raised: USD 14,100,000
- Date: September 2017
- Lead Investors: Helion Venture Partners
- Other Investors: The Abraaj Group, Sands Capital Ventures, IFC, Bessemer Venture Partners
- Series E
- Amount Raised: USD 300,000,000
- Date: February 2018
- Lead Investors: Alibaba Group
- Other Investors: The Abraaj Group, IFC, Sands Capital
- Series F (First Tranche)
- Amount Raised: USD 150,000,000
- Date: March–May 2019
- Lead Investors: Mirae Asset Venture Investments
- Other Investors: Alibaba Group, CDC Group (British International Investment)
- Venture Debt
- Amount Raised: USD 14,500,000
- Date: July 2019
- Lead Investors: Trifecta Capital
- Series F (Convertible Note / Bridge)
- Amount Raised: USD 60,000,000
- Date: April 2020
- Lead Investors: Alibaba Group
- Other Investors: British International Investment (CDC Group), Mirae Asset Venture Investments
- Series F (Debt)
- Amount Raised: USD 51,900,000
- Date: April 2020
- Lead Investors: Alibaba Group
- Other Investors: British International Investment
- Series F (Additional)
- Amount Raised: USD 11,500,000
- Date: September 2021
- Lead Investors: British International Investment
- Venture Round (Tata Infusion)
- Amount Raised: ~USD 121,000,000 (approx. INR 1,000 crore)
- Date: April 2022
- Lead Investors: Tata Digital (via Supermarket Grocery Supplies holding company)
- Venture Round (Tata Infusion 2)
- Amount Raised: ~USD 45,000,000 (approx. INR 350 crore)
- Date: June 2022
- Lead Investors: Tata Digital (via Supermarket Grocery Supplies holding company)
- Series G
- Amount Raised: USD 200,000,000
- Date: December 2022
- Lead Investors: Tata Digital
- Other Investors: Bessemer Venture Partners, Mirae Asset, existing shareholders
- Debt Financing (NCD)
- Amount Raised: USD 22,700,000 (~INR 200 crore)
- Date: November 20, 2025
- Lead Investors: DBS Bank Ltd.
- Details: 20,000 Non-Convertible Debentures at INR 1,00,000 face value, 8.2% coupon, 18-month tenor, proceeds for dark store expansion and general corporate purposes.
Total Amount Raised: At least USD 943,000,000 based on disclosed funding across 22 rounds (per Tracxn research; some 2022 Tata infusion rounds are internal/undisclosed by nature).
Key Investors
- Tata Digital
- Details: A subsidiary of Tata Sons, Tata Digital acquired a 64% majority stake in BigBasket in 2021 at a ~$1.85 billion valuation. It subsequently led the December 2022 Series G round ($200M at $3.2B valuation) and multiple internal infusions in 2022, making it BigBasket's dominant investor and parent company.
- Alibaba Group
- Details: Alibaba became BigBasket's largest shareholder after leading the $300M Series E in February 2018. It also participated in the 2019 Series F and 2020 bridge round. Alibaba exited its stake when Tata Digital completed the majority acquisition in 2021.
- Mirae Asset Venture Investments
- Details: The South Korean investment firm led BigBasket's $150M Series F (unicorn round) in 2019, alongside Alibaba and CDC Group, giving BigBasket its first $1 billion+ valuation. Mirae also participated in the December 2022 Series G.
- Bessemer Venture Partners
- Details: A long-standing backer since 2015, Bessemer led the Series C rounds ($14.5M and $55.6M) and has participated in multiple subsequent rounds including the 2022 Series G. Their portfolio includes global consumer tech companies.
- British International Investment (CDC Group)
- Details: The UK government-backed development finance institution participated in the 2019 Series F, 2020 bridge round, and provided an additional $11.5M tranche in September 2021. It supports growth-stage companies in emerging markets.
- DBS Bank Ltd.
- Details: Singapore-headquartered DBS Bank provided the most recent debt financing in November 2025 — INR 200 crore (~USD 22.7M) via non-convertible debentures to BigBasket's consumer-facing arm, Innovative Retail, to fund dark store expansion.
What's Next for BigBasket?
BigBasket is focused on expanding its quick commerce capabilities, competing with rivals such as Blinkit, Swiggy Instamart, and Zepto in India's rapidly growing instant grocery delivery market. The company is increasing its dark store footprint, improving supply chain efficiency, and leveraging Tata Group's ecosystem to scale operations. With Tata Digital as the majority shareholder, BigBasket is also exploring a potential IPO as it looks to drive profitability and expand its reach across India.
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