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BIGBASKET REVENUE GROWTH
Zepto may hit pause on IPO; BigBasket’s losses riseQuick commerce company Zepto may defer its listing plans as negotiations over its valuation hit a roadblock. This and more in today’s ETtec...- BigBasket’s losses widen in FY26, revenue rises 7.7% YoYThis comes weeks after Amazon veteran Amit Nanda joined BigBasket as the new chief executive after founder Hari Menon stepped down. Nanda h...
- Ex-Myntra chief Nandita Sinha named Swiggy Instamart CEO; Amitesh Jha exitsSinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group vete...
- Tata group profit jumps 5x in six years as market value triples amid big bets on Air India, semiconductors & digitalTata Sons posted standalone net profit of ₹31,961 crore for the year ended March, up from ₹26,232 crore a year ago, while revenue rose 9.1%...
- ET Exclusive: Tata Sons reported a 22% increase in annual profit for the year ended March 26Tata Sons reported a 22% rise in FY26 standalone profit to ₹31,961 crore, driven by investment gains and stronger portfolio earnings. Chair...
- Flipkart's Kalyan Krishnamurthy rules out IPO timeline, plays down quick commerce as a separate businessFlipkart, which flipped back its domicile to India from Singapore in March, was preparing to tap the domestic capital market, according to ...
- FIFA World Cup final drives online sales for D2C brands and restaurantsOnline delivery platforms and restaurants experienced increased orders ahead of the FIFA World Cup final. Quick commerce apps offered disco...
- Put both eggs in one basket: Why merging Amazon and Tata's quick commerce business is a now or never ideaA combination could help both survive hypercompetition among more than half a dozen rivals, improve relevance, reach and range. The synergi...
- Blinkit to remain undisputed market leader despite Amazon, Flipkart's QC entry, says Anand Rathi, sees 43% upsideDespite concerns over Amazon and Flipkart intensifying competition in India's quick commerce market, Anand Rathi believes Blinkit remains t...
- BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
- Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
- Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by MiraeNexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm M...
- Zepto files updated papers for Rs 9,500 crore IPO; aims July listingQuick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering incl...
- BigBasket appoints ex-Google exec Arpit Jaiswal as chief growth officerBigBasket has appointed Arpit Jaiswal, a former executive of Google India, as its new chief growth officer. Jaiswal brings 15 years of expe...
- BigBasket gets first tranche of Tata cash at $2 billion valuationAdditionally, the Tata-Bigbasket deal has received the approval of the board of directors of the online grocery, whose largest shareholders...
- BigBasket says no comment on Tata Group's acquisition bidBigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the grocery delivery platform.
- BigBasket clocks 36% revenue growth in FY20BigBasket’s expenses rose from Rs 3,365 crore in FY19 to Rs 4,411 crore in FY20.
- BigBasket targets revenue of Rs 6300 crore in FY20Menon said the company has ventured into new areas of business milk supply, beauty products and installation of unmanned vending machine at...
- BigBasket’s wholesale unit revenue up 35%2019 starts on a good note for companies with BigBasket and PayPal posting promising numbers. That’s good news for emerging sectors FY 2017...
- BigBasket raises $150 million from UAE's Abraaj GroupAbraaj also said BigBasket is continuing to deliver strong growth, with a five-fold increase in monthly revenues over the last 18 months.
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