After Tata acquisition, BigBasket wants to go big on express deliveriesAccording to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few mon...
19 Jul, 2021, 09.27 AM IST
Tata Digital buys 64% stake in BigBasketChina's Alibaba Group and Actis LLP have now exited the Bengaluru-based company
28 May, 2021, 10.10 PM IST
ETtech Deals Digest: One new unicorn, One big dealBanking tech firm Zeta became the 14th Indian unicorn so far this year after raising $260 million from SoftBank and others. Tata Sons has m...
28 May, 2021, 07.11 PM IST
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...
28 May, 2021, 07.00 AM IST
Grocery warsFrom Tata-BigBasket deal, to Facebook blocking anti-Modi hashtag 'by mistake' and Udaan announcing a share buyback, here's a quick look at ...
30 Apr, 2021, 09.27 AM IST
Competition Commission approves BigBasket's 64% stake sale to Tata DigitalThe transaction, which marks one of the largest acquisition deals in India’s digital sector, will put the Tata group in direct competition ...
30 Apr, 2021, 09.26 AM IST
Deal with itIn today's ETtech Morning Dispatch: Tata-BigBasket deal; Byju's may land new funds; and GreyOrange eyes US listing.
30 Apr, 2021, 07.53 AM IST
Tata Group inks $1.2 billion deal to buy majority stake in BigBasketThe Tata-BigBasket deal will see a $200-250 million primary cash infusion in India's largest online grocery. Tata plans to take BigBasket p...
16 Feb, 2021, 11.56 PM IST
ETtech Evening Briefing on Feb. 16, 2021: Greta’s toolkit explainedShared by Greta Thunberg on February 4, the protest toolkit has been spoken about endlessly since the arrest of 21-year-old climate activis...
16 Feb, 2021, 09.12 PM IST
ETtech Evening Briefing on Feb. 4, 2021: BigBasket rebounds, Elon Musk backs Dogecoin, Greta Thunberg meets NoidaBigBasket says it recorded a 36% jump in revenue in 2019-20. Ixigo acquires ticket-booking platform Confirmtkt. Elon Musk breaks Twitter ex...
04 Feb, 2021, 09.06 PM IST
Tata closes in on BigBasket, 1mg to power super app planThe cash infusion is part of a $1.2 billion Tata-BigBasket deal, which will see the conglomerate acquire 60% stake in the online grocery fi...
20 Jan, 2021, 09.42 AM IST
Ant Group denies talks to sell stake in PaytmPaytm competes with Google Pay, Walmart’s PhonePe and Amazon Pay in the digital payments segment - which include Unified Payments Interface...
02 Dec, 2020, 08.04 PM IST
Bigbasket faces massive data breach, details of 2 crore users put on sale on dark webBigBasket is evaluating the extent of the breach and its authenticity and has also lodged a complaint with the Cyber Crime Cell in Bengalur...
09 Nov, 2020, 10.14 AM IST
Alibaba puts India investment plan on hold amid China tensions: SourcesAlibaba, which has fuelled the growth of several Indian start-ups, will not put in fresh funds to expand its investments in the country for...
26 Aug, 2020, 09.42 PM IST
Alibaba plans on integrating BigBasket & XpressBees with Paytm MallWorking with these companies will help Paytm Mall, which claims it will exit FY18 at a gross merchandise volume (GMV) run rate of $3 billio...
12 Feb, 2018, 08.18 AM IST
Grofers eyes SoftBank, Tencent big bucks after turnaroundWhile the discussions with Tencent are early, SoftBank is likely to bulk up its shareholding in Grofers, valuing the company at 20-30% lowe...
23 Jan, 2018, 10.46 AM IST
Alibaba all set to put $300 million in BigBasketThe 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...
09 Dec, 2017, 03.40 PM IST