A new breed of startups is acquiring and growing small but promising third-party merchants, and building out their own economies of scale. And while there are a number of such startups based in the U.S. and Europe, none had emerged in the Latin American market. Until now. Valoreo, a Mexico City-based acquirer of e-commerce businesses, […]

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Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, two sources familiar with the matter told TechCrunch. The salt-to-software giant is buying over 60% stake in BigBasket in a deal that values the Indian startup between $1.8 billion to $2 billion, sources said, requesting anonymity as […]

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