红桃视频

Indian online grocer has raised $150 million in a Series F that values the company at over $1 billion, according to various .听

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A group of investors, including South Korea-based and China鈥檚, led the round, which also included participation from London-based . (We’ve put in an email to the company to confirm its valuation and will update this story if we hear back.)

Eight-year-old BigBasket, which sells a range of products such as groceries and pet food, operates in 25 Indian cities. It is reportedly going to use the fresh capital toward expansion. The round brings BigBasket鈥檚 total raised over time .

BigBasket competes with Amazon and a subsidiary of Walmart, among others.

The funding comes at a time when India鈥檚 food delivery space is ramping up. In March, we reported that , an India-based startup that delivers grocery staples, had raised $60 million from , upping its valuation to $425 million, 听础苍诲, , an India-based company that delivers food from restaurants, raised $1 billion in December in a round led by South Africa-based .

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