Home » News » AskMe.com acquires online grocery marketplace Best...

AskMe.com acquires online grocery marketplace BestAtLowest.com for $10 million

Deepanker Verma May 18, 2015 Internet

Add Techlomedia as a preferred source on Google.

AskMe.com is all set to foray in grocery market. It has acquired BestAtLowest.com, Delhi based online grocery shopping marketplace for $10 million.

As a part of the deal, bestatlowest.com team including co-founders Ankit Jain and Amit Nigam will join AskMe.com. Bestatlowest.com will operate as a part of AskMe.com and will expand its search capabilities. Askme.com is also working on its upcoming portal askmegrocery.com. This portal is expected to come later this year. At this time, it is redirecting to bestatlowest.com.

BestAtLowest was founded in 2013 by Ankit Nigam and Amit Nigam. It claims to list up to 7,000 products across all categories. It claims to deliver products deliver products within 4-6 hours in Delhi NCR region.

With this acquisition, Askme.com will now compete in online grocery segment which is going to become very competitive in next few months. Flipkart, Snapdeal, Amazon, Paytm, Ola and many others are gearing up to jump in this segment. LocalBanya, Grofers, and PepperTap are already growing fast by raising good funds from investors.

Follow Techlomedia on Google News to stay updated.

Affiliate Disclosure:

This article may contain affiliate links. We may earn a commission on purchases made through these links at no extra cost to you.

About the Author: Deepanker Verma

Deepanker Verma is the Founder and Editor-in-Chief of TechloMedia. He holds Engineering degree in Computer Science and has over 15 years of experience in the technology sector. Deepanker bridges the gap between complex engineering and consumer electronics. He is also a a known Security Researcher acknowledged by global giants including Apple, Microsoft, and eBay. He uses his technical background to rigorously test gadgets, focusing on performance, security, and long-term value.