Bengaluru's BigBasket in talks to raise $200 million

Bengaluru-based online grocery delivery startup BigBasket is in early talks to raise $200 million over the next few months from existing and new investors. BigBasket had previously raised $300 million in Series E round led by Alibaba at a valuation of over $800 million in February. BigBasket was founded in 2011 and has raised over $885 million till date.