Morning Cart: Exclusive: BigBasket acquires micro-delivery startup Morning Cart

Micro-delivery aka milk-tech is hot, and Milkbasket has been ramping up its foray into the segment through acquisitions. Amidst finalising a deal with Pune-based RainCan, the Alibaba-backed company has struck a deal with daily essential ordering platform Morning Cart.According to three sources, the deal has been signed and the Bangalore-based Morning Cart team is joining Bigbasket."The deal is actually an acquihire and consists of stocks," point out two sources.Continue reading Exclusive: BigBasket acquires micro-delivery startup Morning Cart at Entrackr.