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Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
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.
BigBasket looks to raise $200 million at up to $3.5 billion valuation“The company continues to grow 40% annually as projected earlier internally. This financial year ending March 2023, the company is expected...
BigBasket gets Rs 1,000 crore investment from its holding companyTata Digital owns an around 64% stake in Supermarket Grocery. Innovative Retail Concepts was made a subsidiary of Supermarket Grocery after...
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...
April IPL bash may see Tata Neu app debutTata Group is expected to make an official announcement on Tata Neu's launch to all consumers on April 7, people aware of the matter said.
BigBasket acquires Kerala-based startup Agrima InfotechBigBasket will be implementing Kochi-based startup Agrima Infotech’s unique customer vision technology platform, Psyight, at the self-check...
Tata's super app delayed again, launch likely in MarchTata Digital, they said, is keen to correct current glitches in the app which has been rolled out on a trial basis amongst its huge employe...
Croma could soon come under Tata DigitalThe aim is to bring consumer-centric businesses under one roof with change in the shareholding of Infiniti Retail, owner of Croma.
Tata-owned 1mg, PharmEasy go offline for omnichannel presenceTata-owned 1mg is set to open its first physical store in Gurugram next month while rival PharmEasy has started to expand across the offlin...
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...
Udaan gets going on groceries; crypto players feel the heatScrappy B2B ecommerce upstart Udaan and Tata Digital-owned BigBasket are taking different approaches to corner as much as possible of India...
Dream Sports valuation hits $8B; crypto investors panicIndia’s gaming firms raised $549 million in the first quarter of 2021, more than in all of 2020, according to a report by Boston Consulting...
BigBasket to open 200 Fresho stores pan-India by FY23The Bengaluru-based online grocer aims to increase that number to 800 stores by 2026, its cofounder and CEO Hari Menon said.
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...
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.
BigBasket set to close Rs 800 crore fundingBigBasket’s valuation was pegged at Rs 2,100 crore, or about $320 million, ahead of the transaction, show filings submitted to the ministry...
Is organic food that you eat free of synthetic pesticides & chemical fertilisers?In the wake of the recent Maggi imbroglio and concerns over contamination of food, more retailers have begun asking for documentation about...
BigBasket, LocalBanya expect contribution from private labels to rise up to 50% through staples and FMCGPrivate labels in daily household, personal care and food products are soon expected to drive nearly half the sales for online grocers.
Online grocer BigBasket plans to work with offline partners to secure its delivery dominanceBigBasket will also establish cobranded pickup points as well as sell its own brand of gourmet staples at its partner stores, aiming for si...