Tata Digital provided $200m for BigBasket while Convivialité Ventures took part in an $80m series B round for Not So Dark.

Fund

Sweden-based IT services firm Hexagon has formed a corporate venturing arm dubbed R-evolution. The unit will focus on sustainability and green technology investment opportunities, and it has already provided an undisclosed amount for Material Mapper, a Norway-based developer of circular economy technology for the construction industry.

Funding

Company Company description Sector Country Round Round size($m) Deal date Investors
BigBasket Online grocery shopping service Consumer India N/A 200 27/09/2022 Tata Group (Tata Digital)
Not So Dark Food delivery services provider Consumer France B 80 26/09/2022 Pernod…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.

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