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Dec 04, 2020 03:55 PM IST BigBasket posted a revenue of Rs 5,200 crore and a loss of Rs 920 crore in FY19.
Dec 02, 2020 10:12 AM IST The deal with Tata Group will value BigBasket at around $1.6 billion, according to reports.
Nov 27, 2020 07:18 PM IST BigBasket co-founder and CEO Hari Menon said the company hired over 12,000 persons in 16 days to meet the surge in demand as a large number of people started turning to digital platforms to shop for grocery items amid the lockdown.
Nov 09, 2020 05:03 PM IST Nutraceuticals are any food-related product which provide medical or health benefits. Rising health awareness, post the pandemic, throws a window of opportunity for companies to dive into the burgeoning segment, which is expected to touch $20 billion by 2023.
Nov 08, 2020 06:52 PM IST BigBasket filed a police complaint a day after cyber intelligence firm Cyble claimed that a hacker has put data allegedly belonging to the company on sale for around Rs 30 lakh
Nov 05, 2020 09:39 AM IST The rapid growth in demand, adoption in non-metros, and customer stickiness have established that online grocery is a real and growing retail business. The challenge is to innovate and bring out-of-the-box ideas hereon
Oct 14, 2020 03:34 PM IST Tata group, Temasek and Generation Investment Management are reportedly in advanced talks with BigBasket.
Apr 16, 2020 09:04 AM IST Zomato’s entry into online grocery may appear as a natural extension, but online grocery is much more than delivery of goods
Apr 10, 2020 11:08 AM IST People have been ordering more and more online, and e-grocers are unable to meet the demand.
Apr 03, 2020 03:50 PM IST E-commerce companies have been struggling to deliver orders after the 21-day lockdown, imposed to contain the spread of the deadly coronavirus, came into effect from March 25.
Apr 03, 2020 11:06 AM IST The tie-up will first be rolled out in four cities - Bengaluru, Hyderabad, Chandigarh and Noida. Other cities will be added later.
Mar 25, 2020 10:12 AM IST The Alibaba-backed company will now have access to DailyNinja’s network of 2,000 milkman partners across India
Mar 23, 2020 08:10 PM IST "We are currently experiencing unprecedented demand. In light of this, we are restricting access to our website to existing customers only. Please try again in a few hours," it said.
Mar 20, 2020 02:05 PM IST Staples products such as flour and milk are flying off the shelves in no time not just on BigBasket, but also on rival online grocery shop Grofers.
Mar 17, 2020 01:20 PM IST Customers at grocery chains are looking for essentials such as pulses, cooking oil among increasingly empty shelves as the city responds to the concerns of the spread of Coronavirus.
Jul 30, 2019 06:02 PM IST The fund will be used to meet the working capital and capex requirements of the company.
Jul 29, 2019 07:54 PM IST According to a report by Entracker, Alibaba-backed bigbasket has shut down its on-demand delivery service, express delivery.
Jul 29, 2019 06:33 PM IST Online grocery store BigBasket has recently suspended its on-demand delivery or 'express delivery' segment.
Jul 29, 2019 02:00 PM IST The fund will be used to meet the working capital and capex requirements of the company including setting up of new warehouses, strengthening the cold chain and setting up facilities for reprocessing of fruits and vegetables.
May 06, 2019 03:15 PM IST The round was led by Mirae Asset-Naver Asia Growth Fund through one of its funds and it marks the group’s largest investment in India
Apr 28, 2019 04:02 PM IST The online grocery platform -- which is registered as Supermarket Grocery Supplies -- had recently raised $150 million in funding, led by Mirae Asset-Naver Asia Growth Fund, CDC Group and Alibaba Group.
Apr 25, 2019 11:13 AM IST TN Hari, the HR head of Bigbasket, has explained the difference between India and Bharat in his book.
Apr 24, 2019 12:01 PM IST This is the first time CDC is investing in an Indian startup whereas it has invested over $1.3 billion in India for almost three decades
Mar 29, 2019 03:11 PM IST Bigbasket had raised USD 300 million in February last year from Alibaba and others. In November, it had said it was looking at raising fresh funds of up to USD 200 million.
Mar 01, 2019 12:09 PM IST The latest funding would help Grofers continue its expansion into the fast-moving consumer goods segment.
