The China-based internet company is in talks with Zomato, Big Basket and Bookmyshow as part of a strategic investment drive in India.
China-based internet company Baidu is lining up investments in three India-based online services companies, Tim Yang, general manager of Baidu India, told the Times of India on Tuesday.
The companies Baidu is targeting are Zomato, the restaurant listings platform valued at about $900m as of September 2015; online entertainment ticket retailer Bookmyshow, which has raised more than $40m in funding so far; and Big Basket, the online grocer that is reportedly seeking $150m in funding.
Baidu is a fairly active…
