Godrej Group’s hybrid retailer Nature’s Basket, has acquired online grocery and daily essentials shopping store Ekstop.com, according to a Livemint report. The financials of the deal remain undisclosed.
However, the report pegs the deal value at Rs 30-40 crore, which includes Nature’s Basket taking on debt of Rs 10-15 cr. The company plans to rebrand and integrate Ekstop.com to serve as its online platform.
Website – www.naturesbasket.co.in