BigBasket said it has acquired micro-delivery startup DailyNinja to consolidate its subscription delivery business.
The deal is estimated to value Bengaluru-based DailyNinja at around Rs 48 crore in stock, people aware of the matter told ET requesting anonymity. The online grocery delivery startup had earlier acquired Pune-based RainCan and Bengaluru-based Morningcart for its morning delivery service, BBDaily.
While DailyNinja has around 1,10,000 daily transacting customers and a network of 2,000 milkman partners across India, BBDaily makes about 1,60,000 deliveries per day.
Source: Economic Times