BigBasket may make a minority or majority investment in one of DailyNinja and Milkbasket. :
Bengaluru: India’s largest grocery start-up BigBasket, which raised $300 million from Alibaba Group Holding Ltd earlier this year, is in early talks to make an investment in two smaller grocery delivery start-ups DailyNinja and Milkbasket, according to three people aware of the discussions. BigBasket may make a minority or majority investment in one of the two start-ups, the people said. The companies haven’t finalized terms of the deals yet. An informal offer was made to both start-ups earlier this month, the people mentioned above said.