🇮🇳 Roundup: OfBusiness’ lending arm raises $200m, turns unicorn
Startups in India, including Oxyzo Financial Services, Stanza Living, Plum, Credilio, and iSprout, raised at least US$300 million in disclosed funding today from international and local investors.
Here’s a snapshot of the fundraising:
Here’s some important tech news from India today:
BigBasket to roll out one-hour delivery
BigBasket, an e-grocery player owned by Tata Group, has plans to roll out one-hour delivery of nearly 7,000 to 8,000 daily use products, reported The Economic Times.
The service, which is called BB Express, will be unveiled in April.
BigBasket already has a 20-minute delivery service called BB Now, which has nearly 3,000 stock-keeping units.
Follow the rest of our India coverage here.
Editing by Collin Furtado and Arpit Nayak
(And yes, we’re serious about ethics and transparency. More information here.)
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