Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He ha ...More

Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category management and private labels. BigBasket said its private-label business now contributes nearly 40% of total sales. ...Less

That could lead to a deadlock between Chandra and Tata, they said. Tata sought greater clarity from Chand ...More

That could lead to a deadlock between Chandra and Tata, they said. Tata sought greater clarity from Chandrasekaran on the group’s five-year strategic roadmap, the framework for providing an exit option to Shapoorji Pallonji Group that doesn’t involve Tata Sons going public as well as his formal position on the long-debated matter of the listing. ...Less

Indian shoppers are losing thousands of crores yearly due to deceptive online designs. Hidden charges and ...More

Indian shoppers are losing thousands of crores yearly due to deceptive online designs. Hidden charges and forced add-ons affect millions of buyers each month. Despite awareness, many consumers are still misled. Platforms are now being assessed for these practices. ...Less

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with In ...More

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to one of the year's most anticipated new-age stock market debuts, following earlier confidential filings and regulatory approval. ...Less

Nexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million ...More

Nexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm Mirae Asset Venture Investment is expected to lead the investment. This marks Nexedge's first institutional funding. The startup manages significant assets and serves numerous families. It competes with other emerging wealth management platforms in India. ...Less

Ashish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aim ...More

Ashish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will invest in Series B and C startups. This move is part of a trend of seasoned investors starting independent funds. Sanskrit Capital will focus on fintech, consumer internet, logistics, healthcare, and enterprise AI. ...Less

Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the R ...More

Zepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale component, signalling confidence in the business. Early investors will lead stake sales as the quick commerce company targets expansion, technology investments and a public market debut amid intensifying competition. ...Less

Tata Sons board meeting saw constructive discussions. Chairman N Chandrasekaran presented business review ...More

Tata Sons board meeting saw constructive discussions. Chairman N Chandrasekaran presented business reviews. Noel Tata focused on Air India and BigBasket. Tata Electronics impressed the board with its growth. The meeting reflected a calmer atmosphere. CEOs presented performance and future strategies. This review addresses concerns over capital discipline and business outcomes. ...Less

Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s alread ...More

Zepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. The company, which is targeting a July listing, plans to use the fresh capital to expand dark stores, invest in technology, and acquire more customers. ...Less

Zepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targe ...More

Zepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce firm plans to use proceeds for expansion as India’s IPO market seeks renewed momentum amid slowing deal activity and global economic concerns. ...Less

Latest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Product ...More

Latest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted for 60-75% of their total online sales in FY26, rising sharply from less than half a year earlier. ...Less

Tata Sons chairman N Chandrasekaran will address business concerns, including Air India losses and new ve ...More

Tata Sons chairman N Chandrasekaran will address business concerns, including Air India losses and new ventures, at an upcoming board meeting. This comes as Tata Trusts chairman Noel Tata raised questions, deferring a decision on Chandrasekaran's reappointment for a third term. The meeting is crucial for formal approval amidst ongoing discussions about Tata Sons' unlisted status. ...Less

Companies have limited payout increases to select high-demand micro-markets instead of implementing broad ...More

Companies have limited payout increases to select high-demand micro-markets instead of implementing broad-based hikes this year. The pressure on rider earnings due to fuel price rise came into focus on Saturday when gig workers held a nationwide strike to demand higher payouts and a revised incentive structure. ...Less

Indian e-commerce and quick-commerce platforms are introducing measures to protect delivery workers from ...More

Indian e-commerce and quick-commerce platforms are introducing measures to protect delivery workers from severe heatwaves. Companies are providing cooling gear, air-conditioned rest hubs, and health check-ups. Initiatives include specialized jackets, shaded rest points, and medical support. These efforts aim to safeguard the frontline workforce during the harsh summer months. ...Less

Indian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerc ...More

Indian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomously on platforms like ChatGPT. Fintechs have enabled payments, paving the way for automated searching, ordering, and payment. Brands are preparing for this future, with quick commerce and travel sectors leading adoption. ...Less

Quick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are o ...More

Quick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are offering extra pay to keep riders working during peak heat hours. Demand for summer essentials like ice cream and fans is surging. Brands are increasing production and cold storage to meet this demand. ...Less

BigBasket has appointed Arpit Jaiswal, a former executive of Google India, as its new chief growth office ...More

BigBasket has appointed Arpit Jaiswal, a former executive of Google India, as its new chief growth officer. Jaiswal brings 15 years of experience from Google, where he led growth and monetisation for Google Pay. Additionally, Keshav Kumar has been elevated to the role of chief product & technology officer. ...Less

Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies acces ...More

Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in today's ETtech Morning Dispatch. ...Less

Reliance Retail hyperlocal commerce arm JioMart has built the widest network in the country, serving 1,20 ...More

Reliance Retail hyperlocal commerce arm JioMart has built the widest network in the country, serving 1,200 cities through 3,100 stores, a mix of dark stores and walk-in outlets, Reliance Retail CFO Dinesh Taluja said during the earnings call. ...Less

Happy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’ ...More

Happy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch. ...Less

Tata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services pl ...More

Tata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, investments, and insurance. This strategic shift acknowledges that existing Tata businesses already have strong customer relationships, aiming for Tata Neu to complement rather than compete with them. ...Less

Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring ...More

Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This and more in today's ETtech Morning Dispatch. ...Less

Jio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in ...More

Jio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5. ...Less

Krafton, Naver Corporation, and Mirae Asset have launched a Rs 6,000-crore fund for high-growth Indian st ...More

Krafton, Naver Corporation, and Mirae Asset have launched a Rs 6,000-crore fund for high-growth Indian startups. The Unicorn Growth Fund will invest in sectors like consumer internet, AI, and deeptech. This partnership signifies a long-term commitment to India's technology ecosystem. Mirae Asset Venture India will manage the fund, aiming to build future Indian technology champions. ...Less

Bigbasket’s Hari Menon and Vipul Parekh are in the final stages of moving out amid the ongoing CEO search ...More

Bigbasket’s Hari Menon and Vipul Parekh are in the final stages of moving out amid the ongoing CEO search. Meanwhile, Prashant Tandon and Gaurav Agarwal of online pharmacy 1mg are assessing next steps due to a lack of clarity around IPO and exit path for other shareholders. ...Less

Tata Sons' new ventures face significant financial challenges. Projections indicate a combined loss of up ...More

Tata Sons' new ventures face significant financial challenges. Projections indicate a combined loss of up to Rs 29,000 crore in FY26. Air India is the largest contributor to these losses. Tata Digital also shows mounting losses despite substantial investments. Chairman Natarajan Chandrasekaran is expected to present a turnaround plan soon. ...Less

Happy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more ...More

Happy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch. ...Less

TR Capital will deploy $1 billion in India over the next five years, across consumer, financial services, ...More

TR Capital will deploy $1 billion in India over the next five years, across consumer, financial services, and healthcare, while selectively evaluating opportunities at the intersection of software and artificial intelligence (AI), managing partner Frederic Azemard told ET today. ...Less

According to industry executives, the daily active gig workers on quick commerce platforms are currently ...More

According to industry executives, the daily active gig workers on quick commerce platforms are currently running 10-12% below early-2026 levels. The timing is particularly damaging. Typically, quick commerce as well as food delivery platforms see an uptick in demand during this period due to Indian Premier League (IPL) matches. ...Less

Blinkit has launched its services at Chhatrapati Shivaji Maharaj International Airport, with availability ...More

Blinkit has launched its services at Chhatrapati Shivaji Maharaj International Airport, with availability at Terminal 2 for domestic departures, CEO Albinder Dhindsa said. ...Less

Ecommerce and logistics companies are accelerating the shift to electric vehicles (EVs) for last-mile del ...More

Ecommerce and logistics companies are accelerating the shift to electric vehicles (EVs) for last-mile deliveries, driven not just by sustainability goals but also by rising costs and supply risks. While EV adoption was already gaining momentum at companies such as Flipkart, Delhivery and Porter, fuel price volatility linked to global conflicts is hastening the transition, executives at bigbasket, Zippee and Dealshare said. ...Less

BigBasket also issued a statement announcing that they will be restart their services in Ahmedabad, Banga ...More

BigBasket also issued a statement announcing that they will be restart their services in Ahmedabad, Bangalore, Bhopal, Coimbatore, Indore, Mumbai, Mysore, Noida, Surat, Vadodara . But as the demand is very high there will be delay in services for upto a week. ...Less

Additionally, the Tata-Bigbasket deal has received the approval of the board of directors of the online g ...More

Additionally, the Tata-Bigbasket deal has received the approval of the board of directors of the online grocery, whose largest shareholders — China's Alibaba Group and Actis LLP — have now exited the company. ...Less

In the filing with the Competition Commission of India, Tata Digital Ltd, a wholly owned unit of Tata Son ...More

In the filing with the Competition Commission of India, Tata Digital Ltd, a wholly owned unit of Tata Sons, proposed to buy 64.3% of an entity that runs business-to-business sales for BigBasket. ...Less

The issue pertains to BigBasket's acquisition of micro-delivery platform DailyNinja in March 2020. ...More

The issue pertains to BigBasket's acquisition of micro-delivery platform DailyNinja in March 2020. ...Less

Bigbasket will operate a central warehouse, from which all deliveries will be executed and will operate i ...More

Bigbasket will operate a central warehouse, from which all deliveries will be executed and will operate its own logistics infrastructure for customer deliveries. ...Less

BB Now, expected to be launched around the middle of December, will be part of BigBasket and the company ...More

BB Now, expected to be launched around the middle of December, will be part of BigBasket and the company has also started work to bring its subscription-based essentials delivery service, BB Daily, on to the main app. ...Less

BigBasket has acquired 100% stake in milk delivery startups RainCan and Morning Cart and a controlling st ...More

BigBasket has acquired 100% stake in milk delivery startups RainCan and Morning Cart and a controlling stake in smart vending machines startup Kwik24. ...Less

The fund-raising process currently underway - to propel forays into 50 tier-II cities - is expected to va ...More

The fund-raising process currently underway - to propel forays into 50 tier-II cities - is expected to value BigBasket at $1 billion, sources added. ...Less

Online grocer BigBasket has raised $150 million (about Rs 1,000 crore) in funding led by Dubai’s Abraaj G ...More

Online grocer BigBasket has raised $150 million (about Rs 1,000 crore) in funding led by Dubai’s Abraaj Group, as it seeks to establish. ...Less

BigBasket will be implementing Kochi-based startup Agrima Infotech’s unique customer vision technology pl ...More

BigBasket will be implementing Kochi-based startup Agrima Infotech’s unique customer vision technology platform, Psyight, at the self-checkout counters of the former’s retail stores. ...Less

BigBasket, the Tata Digital-backed e-grocery platform, experienced a decline in annual turnover. This was ...More

BigBasket, the Tata Digital-backed e-grocery platform, experienced a decline in annual turnover. This was due to stiff competition from quick commerce rivals like Blinkit and Zepto. Innovative Retail Concepts' turnover fell 3% to Rs 7,673 crore. Losses also increased to Rs 1,851 crore. Tata Group had previously expressed concerns about BigBasket lagging behind competitors. ...Less

"What BigBasket has been missing is deep-pocketed investors till now, and if this deal goes through they ...More

"What BigBasket has been missing is deep-pocketed investors till now, and if this deal goes through they will not have to worry about capital," said a venture capital investor tracking the space. ...Less

The offers are live in the 26 Indian cities BigBasket is operational in, the company said in a statement. ...More

The offers are live in the 26 Indian cities BigBasket is operational in, the company said in a statement. ...Less

BigBasket is seeking a pre-money valuation of at least $550 million. The company was valued at about $450 ...More

BigBasket is seeking a pre-money valuation of at least $550 million. The company was valued at about $450 million when it raised capital in March, 2016. ...Less

Hari Menon told ET that BigBasket will only diversify into adjacent categories to grocery like kitchen an ...More

Hari Menon told ET that BigBasket will only diversify into adjacent categories to grocery like kitchen and home appliances. Meanwhile, rivals such as Zomato-owned Blinkit and Mumbai-based Zepto are rapidly diversifying into newer categories. ...Less

Tata Digital owns an around 64% stake in Supermarket Grocery. Innovative Retail Concepts was made a subsi ...More

Tata Digital owns an around 64% stake in Supermarket Grocery. Innovative Retail Concepts was made a subsidiary of Supermarket Grocery after Tata Digital acquired the BigBasket operator, ET had reported in October last year. ...Less

BigBasket milk delivery service, BB Daily, will allow customers to order milk and other daily essentials ...More

BigBasket milk delivery service, BB Daily, will allow customers to order milk and other daily essentials items ...Less

Mirae Asset’s $60 million, Alibaba’s $50 million and $40 million by CDC values BigBasket at $1.2 billion ...More

Mirae Asset’s $60 million, Alibaba’s $50 million and $40 million by CDC values BigBasket at $1.2 billion ...Less

The steep rise in BigBasket’s valuation comes at a time when its parent Tata Digital has held early-stage ...More

The steep rise in BigBasket’s valuation comes at a time when its parent Tata Digital has held early-stage discussions with marquee global investors to raise new capital for its ecommerce venture. ...Less

The Tata-BigBasket deal will see a $200-250 million primary cash infusion in India's largest online groce ...More

The Tata-BigBasket deal will see a $200-250 million primary cash infusion in India's largest online grocery. Tata plans to take BigBasket public by 2022 as part of the deal terms. ...Less

While the commitment from Alibaba came through pre Covid-19 virus outbreak, the latest infusion comes at ...More

While the commitment from Alibaba came through pre Covid-19 virus outbreak, the latest infusion comes at a time when BigBasket needs capital to up its capacity and build infrastructure to cope with a demand spike. ...Less

BigBasket cofounder Abhinay Choudhari said, while B2B constitutes 17-18% of the company's total business, ...More

BigBasket cofounder Abhinay Choudhari said, while B2B constitutes 17-18% of the company's total business, it is expected to grow to 25% in the next two to three years. ...Less

Paytm Mall is also likely to invest in BigBasket as part of the deal. ...More

Paytm Mall is also likely to invest in BigBasket as part of the deal. ...Less

Online grocery company BigBasket is in talks with private equity firms in the United States and India to ...More

Online grocery company BigBasket is in talks with private equity firms in the United States and India to raise over Rs 300 crore over the next few months. ...Less

With Alibaba joining investee firm Paytm Mall in the talks to pick up a stake in the e-grocer, BigBasket ...More

With Alibaba joining investee firm Paytm Mall in the talks to pick up a stake in the e-grocer, BigBasket has easily shrugged off Amazon's snub. ...Less

BigBasket said it processes around five lakh orders per day and in the previous conventional model result ...More

BigBasket said it processes around five lakh orders per day and in the previous conventional model resulted in limiting visibility into the projected budget versus the actual budget. ...Less

A day after the government clarified that FDI is not allowed in inventory-based e-commerce, Future Group ...More

A day after the government clarified that FDI is not allowed in inventory-based e-commerce, Future Group CEO Kishore Biyani trained guns on the country's leading online grocer Bigbasket, terming its operation as illegal. ...Less

While signing the exclusivity clause will mean Amazon is the only strategic contender to buy BigBasket du ...More

While signing the exclusivity clause will mean Amazon is the only strategic contender to buy BigBasket during the two-month period, sources said it does not stop the online grocery player from pursuing financial investors to shore up cash. ...Less

BigBasket, run by SuperMarket Grocery Supplies Pvt, is India’s largest online grocer and operates in abou ...More

BigBasket, run by SuperMarket Grocery Supplies Pvt, is India’s largest online grocer and operates in about 25 cities across the country. ...Less

BigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the ...More

BigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the grocery delivery platform. ...Less

The Tatas' latest plans are also reflected in recent regulatory filings by Innovative Retail Concept, the ...More

The Tatas' latest plans are also reflected in recent regulatory filings by Innovative Retail Concept, the retail arm of BigBasket. ...Less

BigBasket CEO Hari Menon has been charting a succession plan over the past few months, people in the know ...More

BigBasket CEO Hari Menon has been charting a succession plan over the past few months, people in the know tell us. Going forward, he may take on a mentor role at the online grocer he cofounded, as his five-year tenure nears completion. ...Less

BigBasket is expected to start electric car delivery in NCR in three to six months, starting with a fleet ...More

BigBasket is expected to start electric car delivery in NCR in three to six months, starting with a fleet of 100 electric cars. ...Less

BigBasket, backed by Tata Digital, has integrated grocery shopping and UPI payments directly within ChatG ...More

BigBasket, backed by Tata Digital, has integrated grocery shopping and UPI payments directly within ChatGPT, allowing users to browse and pay without leaving the app. This is part of OpenAI’s partnership with India’s NPCI and Razorpay. BigBasket is among the first Indian platforms to join this ChatGPT pilot. ...Less

Tata group is preparing to raise $1.3 billion for its digital assets BigBasket and 1mg to compete more ef ...More

Tata group is preparing to raise $1.3 billion for its digital assets BigBasket and 1mg to compete more effectively in quick commerce. The fundraising will support BigBasket’s shift towards quick delivery and 1mg's expanded healthcare services, backed by Tata Digital’s aggressive growth plans. ...Less

BigBasket, India's largest online grocery that is on the cusp of being acquired by Tata Group, has claime ...More

BigBasket, India's largest online grocery that is on the cusp of being acquired by Tata Group, has claimed that Coimbatore-based Daily Basket infringes on its trademark and brand. ...Less

BigBasket is setting up a number of small warehouses across the country to be able to ship orders faster ...More

BigBasket is setting up a number of small warehouses across the country to be able to ship orders faster under its express delivery service. ...Less

BigBasket is in talks with private equity investors ICICI Venture & Zodius Capital, among others, to rais ...More

BigBasket is in talks with private equity investors ICICI Venture & Zodius Capital, among others, to raise about $33 mn in funding, sources directly aware of the matter said. ...Less

BigBasket will also establish cobranded pickup points as well as sell its own brand of gourmet staples at ...More

BigBasket will also establish cobranded pickup points as well as sell its own brand of gourmet staples at its partner stores, aiming for significantly higher margins from this category. ...Less

The new fundraising could more than double BigBasket's valuation to nearly $1 billion, according to one o ...More

The new fundraising could more than double BigBasket's valuation to nearly $1 billion, according to one of the investors involved in the discussions. ...Less

The unit also registered a turnover of Rs 2,261.3 crore for the fiscal year. In FY22, the unit’s losses s ...More

The unit also registered a turnover of Rs 2,261.3 crore for the fiscal year. In FY22, the unit’s losses stood at Rs 177.9 crore, while its operating revenue was Rs 1,707.2 crore. BigBasket’s parent entity Tata Digital is a part of Tata Sons. ...Less

Innovative Retail Concepts runs the business-to-cusotmer (B2C) unit of BigBasket. It posted net loss of R ...More

Innovative Retail Concepts runs the business-to-cusotmer (B2C) unit of BigBasket. It posted net loss of Rs 1,267 crore for FY24 and an operating revenue of Rs 7,885 crore. Over the past two years, BigBasket has seen major rivalry from quick commerce players such as Zomato-owned Blinkit, Swiggy Instamart and Nexus Venture Partners-backed Zepto in the hyperfunded online grocery delivery space. ...Less

BigBasket’s expenses rose from Rs 3,365 crore in FY19 to Rs 4,411 crore in FY20. ...More

BigBasket’s expenses rose from Rs 3,365 crore in FY19 to Rs 4,411 crore in FY20. ...Less

According to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner wo ...More

According to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few months at BigBasket, as Tata Group gets ready to launch its much-anticipated super app. ...Less

Tata Sons has pulled up its digital vertical for BigBasket’s sluggish response to the rapidly evolving qu ...More

Tata Sons has pulled up its digital vertical for BigBasket’s sluggish response to the rapidly evolving quick commerce space, which has allowed competitors like Blinkit and Zepto to surge ahead. In a recent review of Tata Digital's businesses, the parent company expressed dissatisfaction with the e-grocery unit's underwhelming performance as competitors captured market share, sources told us. ...Less

BigBasket’s move to experiment with community buying—or what is loosely called social commerce—comes at a ...More

BigBasket’s move to experiment with community buying—or what is loosely called social commerce—comes at a time when companies are trying different ways to amp up their online grocery and essentials verticals. ...Less

That Tata Group-owned BigBasket is only the second vertical e-commerce player in India to achieve the mil ...More

That Tata Group-owned BigBasket is only the second vertical e-commerce player in India to achieve the milestone indicates the high-growth potential that online grocery has. ...Less

The Bengaluru-based e-commerce firm, which is focusing on expanding its pan-India reach, may choose to la ...More

The Bengaluru-based e-commerce firm, which is focusing on expanding its pan-India reach, may choose to launch an initial public offering in 24 to 36 months but was open to raising more private capital before that, Chief Financial Officer Vipul Parekh said in an interview Wednesday. ...Less

BigBasket founders, including CEO Hari Menon, are preparing to transition into mentoring roles as Tata Gr ...More

BigBasket founders, including CEO Hari Menon, are preparing to transition into mentoring roles as Tata Group seeks a new leader to sharpen its competitive edge in the quick commerce market. With Menon's tenure nearing completion, the company is actively shortlisting candidates to drive growth and reassure investors amid increasing competition from Blinkit, Instamart and Zepto. ...Less

Menon said the company has ventured into new areas of business milk supply, beauty products and installat ...More

Menon said the company has ventured into new areas of business milk supply, beauty products and installation of unmanned vending machine at apartment complexes. ...Less

BigBasket is evaluating the extent of the breach and its authenticity and has also lodged a complaint wit ...More

BigBasket is evaluating the extent of the breach and its authenticity and has also lodged a complaint with the Cyber Crime Cell in Bengaluru. ...Less

Sources in the know said talks between the two parties, which started in November last year, will be brou ...More

Sources in the know said talks between the two parties, which started in November last year, will be brought up during BigBasket's board meeting scheduled for end of January. ...Less

The deal price was expected to be about $200 mn. This has since increased as BigBasket looks to build a b ...More

The deal price was expected to be about $200 mn. This has since increased as BigBasket looks to build a bigger war chest to compete with US-based Amazon as well as India’s Flipkart. ...Less

E-commerce platforms like Amazon India and Bigbasket have started asking sellers and brands to put ‘count ...More

E-commerce platforms like Amazon India and Bigbasket have started asking sellers and brands to put ‘country of origin’ for the products on their platforms. This comes a day after government officials held a meeting with ecommerce players over the issue that has gained prominence due to the border conflict with China in Ladakh. ...Less

“The company continues to grow 40% annually as projected earlier internally. This financial year ending M ...More

“The company continues to grow 40% annually as projected earlier internally. This financial year ending March 2023, the company is expected to generate sales of $1.5 billion (net of discounts),” said one of the people cited above. ET had reported that it became the second vertical ecommerce player to have crossed gross sales of $1 billion in FY21. ...Less

BigBasket has entered the rapid food delivery market, offering a 10-minute service in Bengaluru, featurin ...More

BigBasket has entered the rapid food delivery market, offering a 10-minute service in Bengaluru, featuring items from Starbucks and Qmin. This move follows CEO Hari Menon's announcement of expanding into food delivery by 2025. The rapid food delivery segment is becoming increasingly competitive, with Zepto, Swiggy, and Blinkit also expanding their offerings. ...Less

BigBasket sees housing to serve as a tool to improve productivity and retention. The lodgings will be loc ...More

BigBasket sees housing to serve as a tool to improve productivity and retention. The lodgings will be located near its warehouses and pickup locations. ...Less

Tata Digital's BigBasket rebranded its slotted delivery service as "Supersaver" in January, promising sub ...More

Tata Digital's BigBasket rebranded its slotted delivery service as "Supersaver" in January, promising sub-two-hour deliveries. Meanwhile, Walmart's Flipkart is offering with free same-day delivery across various categories in 20 cities. ...Less

This move comes as Azim Premji-backed iD fresh, known for its preservative-free instant foods, looks to w ...More

This move comes as Azim Premji-backed iD fresh, known for its preservative-free instant foods, looks to widen its D2C market through Bigbasket’s large customer base. ...Less

2019 starts on a good note for companies with BigBasket and PayPal posting promising numbers. That’s good ...More

2019 starts on a good note for companies with BigBasket and PayPal posting promising numbers. That’s good news for emerging sectors FY 2017-18 losses halved to Rs 310 crore. ...Less

BigBasket will use the Delyver fleet to reach orders within 90 minutes, directly competing with other del ...More

BigBasket will use the Delyver fleet to reach orders within 90 minutes, directly competing with other delivery platforms including Grofers, PepperTap and Local Baniya. ...Less

Online grocery retailer BigBasket has signed on a range of electric vehicles to increase efficiencies and ...More

Online grocery retailer BigBasket has signed on a range of electric vehicles to increase efficiencies and cut down on operating costs. ...Less

The company plans to use the funds to set up and maintain dark stores and for other general corporate pur ...More

The company plans to use the funds to set up and maintain dark stores and for other general corporate purposes, according to the company’s filing with the ministry of corporate affairs. ...Less

The development comes about two months after it launched its specialty food business under the marketplac ...More

The development comes about two months after it launched its specialty food business under the marketplace model. ...Less

BigBasket, a Tata group company, has appointed Manish Bajoria as its new chief financial officer (CFO). B ...More

BigBasket, a Tata group company, has appointed Manish Bajoria as its new chief financial officer (CFO). Bajoria brings over 20 years of experience in strategic finance and digital transformation, having previously held leadership roles at Vini Cosmetics, Amazon, and Hindustan Unilever. He will oversee BigBasket's financial strategy as the company focuses on development and innovation. ...Less

Grocery etailer raised the amount in venture debt to fund working capital needs, expansion. ...More

Grocery etailer raised the amount in venture debt to fund working capital needs, expansion. ...Less

The cash infusion is part of a $1.2 billion Tata-BigBasket deal, which will see the conglomerate acquire ...More

The cash infusion is part of a $1.2 billion Tata-BigBasket deal, which will see the conglomerate acquire 60% stake in the online grocery firm. Tata Group is also close to finalising a $200-250 million investment in e-pharmacy 1mg. ...Less

BigBasket co-founder and CEO Hari Menon said the company hired over 12,000 persons in 16 days to meet the ...More

BigBasket co-founder and CEO Hari Menon said the company hired over 12,000 persons in 16 days to meet the surge in demand as a large number of people started turning to digital platforms to shop for grocery items amid the lockdown. ...Less