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BigBasket B2C unit posts 6% growth in FY24 revenue, cuts losses by 17%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 oper...- eGrocers look to make hay as orders rise 40% in third waveReliance Retail-owned MilkBasket is more than doubling its warehousing capacity to almost 350,000 sq ft in NCR to cater to 150,000 orders a...
- Dunzo's FY21 revenue up 67%, losses narrow by 33%Dunzo's gross merchandise value, the total value of transactions through the platform including delivery fees, stood at Rs 590 crore in FY2...
- Tata Digital gets Rs-10,000 crore capital boost from parentTata Digital is acquiring a 64.3% stake in e-grocer BigBasket for about $1.2 billion and is spearheading the launch of a SuperApp that will...
- Kiranas fail to ride 2nd wave as e-grocers step up playKirana stores that saw a resurgence during the first wave of the Covid-19 pandemic and led the recovery of the fast-moving consumer goods i...
- Tata Digital’s acquisitions and investment limit set at Rs 12,000 croreTata Digital is waiting for the Competition Commission of India’s approval for its deal to acquire a 64.3% stake in e-grocer BigBasket. The...
- E-grocers like BigBasket, Grofers , others surge ahead on deliveriesFood-delivery apps Zomato and Swiggy, too, have doubled down on the grocery category since it began seeing an uptick in demand. While Swigg...
- Smaller FMCG brands gain share during coronavirus panic buying & lockdownShifts are happening in atta, pulses, spices and edible oil with local brands and some who are able to supply gaining share as their supply...
- Amazon to clear backlog firstAmazon India is prioritising existing orders of essentials before accepting new ones, the etailer's country manager Amit Agarwal said on Tw...
- Retail Pooling: Online, offline firms share staff to deliver food, groceriesLeading national and local supermarkets as well as e-grocers like Grofers and BigBasket are going to partner with food delivery apps Swiggy...
- E-grocers start utilising available resources of other e-commerce ventures to augment their last mile deliveryLeading national and local supermarkets as well as e-grocers like Grofers and Big Basket are going to partner with food delivery apps Swigg...
- Despite govt clearance, ecomm cos find it difficult to deliver essentialsAmazon removed all non-essential items from its India marketplace to ensure that the most important needs were met first. The company warne...
- E-grocers delay and cancel orders as demand surges amid outbreakUnable to handle a sudden surge in demand, India's two largest grocery players, BigBasket and Grofers, have started delaying orders by days...
- 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...
- No compromise on food! Indians ditch vendors, turn to 'costly' online shopping for greensAt present, around 70% of Bigbasket's daily orders contain fruits and vegetables," says Hari Menon, co-founder and CEO of Bigbasket.
- E-grocer BigBasket starts selling to kiranas and hotelsThe development comes about two months after it launched its specialty food business under the marketplace model.
- Online grocer BigBasket eyes $1 billion value, raises $50 millionThe fund-raising process currently underway - to propel forays into 50 tier-II cities - is expected to value BigBasket at $1 billion, sourc...
- Here's how local Kirana stores are reinventing themselves to trump e-grocersDigital balances, computers with inventory management software, and CCTV's for monitoring purposes are a few ways in which kiranas have cha...
- Top 6 e-grocers: Liberal funding boosts growthTaking out time to buy grocery after a grueling day at work has become a thing of the past with online grocery marketplaces transforming th...
- E-tailers of vegetable & grocery shore up ad spend to get more shoppersPlayers like LocalBanya, BigBasket & Mera Grocer are advertising heavily while e-comm giants Snapdeal, Amazon & Paytm too plan to focus on ...
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