you are here: HomeNewsBigbasket
bigbasket
Jump to
67 Results Found
  • Tatas might buy 51% stake in BigBasket, Alibaba to exit Dec 04, 2020 03:55 PM IST

    Tatas might buy 51% stake in BigBasket, Alibaba to exit

    BigBasket posted a revenue of Rs 5,200 crore and a loss of Rs 920 crore in FY19.

  • Tata close to striking deal with BigBasket for around 80% stake: Report Dec 02, 2020 10:12 AM IST

    Tata close to striking deal with BigBasket for around 80% stake: Report

    The deal with Tata Group will value BigBasket at around $1.6 billion, according to reports.

  • Resilience, doing more with less helped us during COVID-19: BigBasket CEO Hari Menon Nov 27, 2020 07:18 PM IST

    Resilience, doing more with less helped us during COVID-19: BigBasket CEO Hari Menon

    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.

  • EXCLUSIVE: Swiggy, BigBasket, Zomato trying to tap nutraceutical space to remain fit, post-COVID Nov 09, 2020 05:03 PM IST

    EXCLUSIVE: Swiggy, BigBasket, Zomato trying to tap nutraceutical space to remain fit, post-COVID

    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.

  • BigBasket faces data breach, details of over 2 crore users put on sale on dark web Nov 08, 2020 06:52 PM IST

    BigBasket faces data breach, details of over 2 crore users put on sale on dark web

    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

  • Online Grocery: What is the next frontier of growth? Nov 05, 2020 09:39 AM IST

    Online Grocery: What is the next frontier of growth?

    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

  • Tata Group eyes minority stake in BigBasket: Reports Oct 14, 2020 03:34 PM IST

    Tata Group eyes minority stake in BigBasket: Reports

    Tata group, Temasek and Generation Investment Management are reportedly in advanced talks with BigBasket.

  • Zomato and Grofers are both food delivery companies but the similarity ends there Apr 16, 2020 09:04 AM IST

    Zomato and Grofers are both food delivery companies but the similarity ends there

    Zomato’s entry into online grocery may appear as a natural extension, but online grocery is much more than delivery of goods

  • Coronavirus lockdown: Online grocers to hire in bulk as demand rises Apr 10, 2020 11:08 AM IST

    Coronavirus lockdown: Online grocers to hire in bulk as demand rises

    People have been ordering more and more online, and e-grocers are unable to meet the demand.

  • COVID-19: BigBasket to hire 10,000 people for warehouses, delivery Apr 03, 2020 03:50 PM IST

    COVID-19: BigBasket to hire 10,000 people for warehouses, delivery

    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.

  • Coronavirus pandemic | BigBasket partners with Uber to aid deliveries: Report Apr 03, 2020 11:06 AM IST

    Coronavirus pandemic | BigBasket partners with Uber to aid deliveries: Report

    The tie-up will first be rolled out in four cities - Bengaluru, Hyderabad, Chandigarh and Noida. Other cities will be added later.

  • Online grocer BigBasket buys milk delivery app DailyNinja, transaction valued around Rs 48cr Mar 25, 2020 10:12 AM IST

    Online grocer BigBasket buys milk delivery app DailyNinja, transaction valued around Rs 48cr

    The Alibaba-backed company will now have access to DailyNinja’s network of 2,000 milkman partners across India

  • Coronavirus pandemic | BigBasket website, app face breakdown following surge in demand Mar 23, 2020 08:10 PM IST

    Coronavirus pandemic | BigBasket website, app face breakdown following surge in demand

    "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.

  • Coronavirus pandemic | Panic shopping affects BigBasket, Grofers Mar 20, 2020 02:05 PM IST

    Coronavirus pandemic | Panic shopping affects BigBasket, Grofers

    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.

  • Coronavirus pandemic: Retailers assure of stocks as pulses, cooking oil fly off the shelves in Mumbai Mar 17, 2020 01:20 PM IST

    Coronavirus pandemic: Retailers assure of stocks as pulses, cooking oil fly off the shelves in Mumbai

    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.

  • Reporter's Take | Venture debt gaining traction among unicorns Jul 30, 2019 06:02 PM IST

    Reporter's Take | Venture debt gaining traction among unicorns

    The fund will be used to meet the working capital and capex requirements of the company.

  • Bigbasket shuts down 90-minute delivery: Why online grocers struggle to deliver fast Jul 29, 2019 07:54 PM IST

    Bigbasket shuts down 90-minute delivery: Why online grocers struggle to deliver fast

    According to a report by Entracker, Alibaba-backed bigbasket has shut down its on-demand delivery service, express delivery.

  • Reporter's Take | Is it the death for on-demand delivery in India? Jul 29, 2019 06:33 PM IST

    Reporter's Take | Is it the death for on-demand delivery in India?

    Online grocery store BigBasket has recently suspended its on-demand delivery or 'express delivery' segment.

  • BigBasket gets Rs 100 cr in venture debt from Trifecta Capital Jul 29, 2019 02:00 PM IST

    BigBasket gets Rs 100 cr in venture debt from Trifecta Capital

    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.

  • BigBasket raises $150mn from Mirae Asset, CDC & Alibaba May 06, 2019 03:15 PM IST

    BigBasket raises $150mn from Mirae Asset, CDC & Alibaba

    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

  • BigBasket to invest $100 million to strengthen supply chain Apr 28, 2019 04:02 PM IST

    BigBasket to invest $100 million to strengthen supply chain

    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.

  • India needs an education system that focuses on employability: TN Hari Apr 25, 2019 11:13 AM IST

    India needs an education system that focuses on employability: TN Hari

    TN Hari, the HR head of Bigbasket, has explained the difference between India and Bharat in his book.

  • BigBasket raises $40 million from UK’s CDC group at $1.2 billion valuation: Report Apr 24, 2019 12:01 PM IST

    BigBasket raises $40 million from UK’s CDC group at $1.2 billion valuation: Report

    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

  • BigBasket raises $150 mn from Mirae, Alibaba and CDC Group Mar 29, 2019 03:11 PM IST

    BigBasket raises $150 mn from Mirae, Alibaba and CDC Group

    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.

  • Grofers raises $60 million; valuation jumps to $425 million: Report Mar 01, 2019 12:09 PM IST

    Grofers raises $60 million; valuation jumps to $425 million: Report

    The latest funding would help Grofers continue its expansion into the fast-moving consumer goods segment.

Sections