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BigBasket founders get management stock options from Tata: Report
short by Hiral Goyal / on Friday, 10 September, 2021
BigBasket's founders Hari Menon, Vipul Parekh, and VS Sudhakar have received management stock options from the Tata Group, Economic Times reported. This comes after Tata Digital acquired a majority stake in the online grocery delivery startup. Supermarket Grocery Supplies, online B2B arm of BigBasket, has also received nearly ₹85 crore from existing investor UK-based CDC Group, the report added.
read more at Moneycontrol