July 30, 2019 06:02 PM IST The fund will be used to meet the working capital and capex requirements of the company.
July 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.
July 29, 2019 06:33 PM IST Online grocery store BigBasket has recently suspended its on-demand delivery or 'express delivery' segment.
July 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
April 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.
April 25, 2019 11:13 AM IST TN Hari, the HR head of Bigbasket, has explained the difference between India and Bharat in his book.
April 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
March 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.
March 01, 2019 12:09 PM IST The latest funding would help Grofers continue its expansion into the fast-moving consumer goods segment.
February 27, 2019 07:12 PM IST Co-founder and Chief Executive Officer Hari Menon said Bigbasket is well on track to achieve its target of closing FY19 with a revenue of Rs 3,500 crore.
February 13, 2019 01:43 PM IST Swiggy has now delved into the hyper-local delivery space, which is becoming one of the most attractive avenues of Indian retail market
November 26, 2018 04:02 PM IST FMCG experts said it is a go-to-market strategy for these companies to promote their products first on an e-commerce portal to create the buzz about the product and judge customer behaviour
November 19, 2018 04:18 PM IST In a chat with Moneycontrol, Bigbasket's Co-Founder and CEO Hari Menon said he aims to raise funds from both existing as well as new investors
November 15, 2018 05:05 PM IST As part of the partnership, Yippee ‘My range’ will be available exclusively on Bigbasket for one week, following which it will be distributed to all modern format and general trade stores across India.
October 30, 2018 10:43 AM IST The Alibaba-backed startup is reportedly in talks with at least one new investor and its existing investors for a fresh round of funding
October 01, 2018 02:06 PM IST While Paytm denied the reports, people in the know said the company has been looking for a grocery e-tailer to team up with ever since rumours got out that Walmart wanted an e-commerce partner in India
September 17, 2018 11:53 AM IST The merged company could raise $250 million from Alibaba Group, while SoftBank could infuse additional capital into the online grocery firm
June 18, 2018 02:05 PM IST Girnar Food and Beverages has objected to BigBasket selling tea under the "Royal" trademark
June 04, 2018 01:59 PM IST BigBasket CEO Hari Menon also confirmed early talks for an investment in a milk delivery startup.
May 30, 2018 03:53 PM IST The companies are attempting to boost their presence in the online delivery space
May 24, 2018 12:32 PM IST India's fast-growing young population is opting for online shopping, not just for clothes but also food items, giving online retailers a huge market to tap
March 16, 2018 04:48 PM IST "I think hyperlocal just has a higher gestation period. It takes longer for those businesses to get to profitability."
March 05, 2018 10:37 AM IST BigBasket founder-CEO Hari Menon also said the company is looking at a subscription model for milk, bread and other essential items.
February 02, 2018 10:28 PM IST Some early investors have been given partial exits in the company in a new round of funding. About USD 196 million was invested by four investors.
