Tuesday, 31 March, 2026
BigBasket Secures ₹200 Crore Debt Funding from DBS Bank
By Isha
BigBasket's B2C unit, Innovative Retail Concepts, has raised ₹200 crore in debt from Singapore-based DBS Bank. The funds, secured through non-convertible debentures with an 18-month tenure, will be used to establish and maintain its dark stores. The move comes as the Tata-owned grocery platform intensifies its efforts to compete in India's highly competitive quick commerce market, specifically for its BB Now 10-minute delivery service.
Read full story at Economic Times