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Mirae-Naver, Alibaba, CDC invest US$ 150 mn in BigBasket

South Korean Asset financial group Mirae-Naver, Chinese e-tail behemoth Alibaba group and British development finance institution CDC on Monday said they have collectively invested US$ 150 million (Rs 1,040 crore) in grocery major BigBasket's firm Supermarket Grocery Supplies Ltd."The...

Future Consumer Limited raises Rs 2,000 mn from UK’s CDC Group

Future Consumer Limited (FCL) has joined hands with CDC Group plc, UK’s Development Finance Institution (CDC) to raise Rs 2,000 million through Non- Convertible Debentures (NCDs) primarily to finance capex, long-term working capital and support the growth of the...
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Croma opens another door at Kolkata

Croma opened 149 stores in 50 new cities and 13 Apple–only stores earlier this yearNew Delhi: Mumbai-based large format...
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