Bangladesh moves beyond dollar to settle trade with India in rupeeThe BB has already given permission to three banks - Sonali Bank, Eastern Bank and State Bank of India (SBI) in Bangladesh - to open nostro...
BigBasket’s B2C arm sees net loss widen nearly 2x to Rs 1,500 crore in FY23The continued losses for the nearly 13-year-old firm come as it faces intensified competition in both grocery delivery as well as relativel...
Exclusive | BigBasket raises $200 million from Tata Digital, others; valuation hits $3.2 billionCEO Hari Menon outlines quick commerce expansion, bringing 1mg on its app . The funding takes e-grocer’s valuation to $3.2 billion.
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BigBasket valuation may touch $4-5 billion as sales riseThe steep rise in BigBasket’s valuation comes at a time when its parent Tata Digital has held early-stage discussions with marquee global i...
How BigBasket plans to enter the crowded group buying segmentBigBasket’s move to experiment with community buying—or what is loosely called social commerce—comes at a time when companies are trying di...
BigBasket jumps into buzzy quick delivery segment; will bring all grocery services in one appBB 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...
Dairy.com acquires dairy tech startup Mr. MilkmanAmerica’s leading dairy services provider Dairy.com, has acquired Mr.Milkman, India's leading last-mile dairy supply chain SaaS platform. M...
Reliance Retail is set to wage an online price war against its rivals, as festive season nearsThe deep discounting play will largely be on private and exclusive brands such as its own fashion labels, apart from electronic goods from ...
Bigbasket hits annualised gross sale runrate of $1 billionThe Bengaluru-based company will become the second sector-focused online retailer after fashion portal Myntra, and horizontal e-tailers lik...
Doodhwala comes via FreshToHomeShan Kadavil, the chief executive of FreshToHome, said his company had not acquired Doodhwala and had instead provided a migration path for...
BigBasket gets Rs 100 crore in venture debt from Trifecta CapitalGrocery etailer raised the amount in venture debt to fund working capital needs, expansion.
BigBasket believes the early bird will take market homeCEO Hari Menon expects morning milk-delivery orders to account for 10% of firm’s revenue.
Soon, BigBasket will deliver milk as wellBigBasket milk delivery service, BB Daily, will allow customers to order milk and other daily essentials items
BigBasket completes three acquisitionsBigBasket has acquired 100% stake in milk delivery startups RainCan and Morning Cart and a controlling stake in smart vending machines star...
- S&P downgrades Egypt's debt rating
S&P became the third international ratings agency in under a week to downgrade Egypt because of the unrest that has gripped the Arab world'...
- Santander to buy B&B savings as nationalisation looms
Spain's Santander said on Monday it will take over the retail deposits and branches of Bradford & Bingley for a reported 400 million pounds...