Town Essentials serves Rs 231 crore notice to BigBasket, DailyNinja
The notice also names earlier investors of DailyNinja, BigBasket co-founder Hari Menon and DailyNinja co-founders Sagar Yarnalkar and Anurag Gupta.
BusinessToday.In | February 8, 2021 | Updated 20:05 IST
Town Essenials had signed a contract with DailyNinja in 2017 to be its exclusive backend supplier and procurement partner.
Grocery platform Town Essentials Pvt Ltd has sent a Rs 231 crore notice to DailyNinja and BigBasket for violation of a contract.
The notice has been served to DailyNinja Delivery Services Pvt Ltd, which operates grocery delivery platform DailyNinja, and SuperMarket Grocery Supplies Pvt Ltd, which operates BigBasket, Mint reported on Monday.