Searched for
EGROCER BIGBASKET
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...
Tata funds pause is no 'debt-errent' at 1mg, BigBasketBigBasket and 1mg–two of the biggest digital assets of Tata group–are choosing debt over equity for expansion in a critical year for them. ...
Tata 1mg will be profitable in a few quarters, says founder Prashant TandonThe company reported a 160% jump in operating revenue to Rs 1,627 crore for the fiscal year ended 2023. However, its net loss more than dou...
Amid a 10-min rush, BigBasket plans one-hour delivery with more products on offerThe service will be launched next month and will be powered through the company’s 62 large-scale dark stores, cofounder and chief executive...
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...
Tata Digital buys 64% stake in BigBasketChina's Alibaba Group and Actis LLP have now exited the Bengaluru-based company
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...
BigBasket gets $50 million more from AlibabaWhile the commitment from Alibaba came through pre Covid-19 virus outbreak, the latest infusion comes at a time when BigBasket needs capita...
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...
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...
Zomato smells opportunity in groceries, pings Grofers, BigBasketThis is a major step towards diversification and a move to keep demand high at a time when most businesses are registering a slowdown. Onli...
BigBasket in talks to acquire a majority stake in Kwik24eGrocery platform had run a pilot with smart vending machines of firm in Bengaluru
With Alibaba on board, BigBasket to go offlineThe Bengaluru-based company is looking to supplement its core online business with offline kiosks that will stock daily groceries, fast-mov...
Chinese ecommerce giant Alibaba wants a stake in BigBasketWith 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 s...
60-day exclusive talks pact - Amazon wants BigBasket in its shopping cartWhile signing the exclusivity clause will mean Amazon is the only strategic contender to buy BigBasket during the two-month period, sources...
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...
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 ...
ICICI Venture, Zodius Capital eye stake in BigBasketBigBasket is in talks with private equity investors ICICI Venture & Zodius Capital, among others, to raise about $33 mn in funding, sources...