BigBasket

Saturday, Apr 20, 2024 | Last Update : 02:27 AM IST

Coy Grofers won't touch liquor, while BigBasket, Amazon, Swiggy and Zomato grab a keg

“We serve families mostly, so not looking to get into this,” Grofers co-founder and CEO Albinder Dhindsa said.

21 Jun 2020 8:19 PM

One of the fastest-growing apps on the Play Store was called ‘Remove China Apps’ and did exactly what the name suggested. While the App has since then been removed from the Play Store for violating Google’s policies, its existence and function hurt India’s best interests in the name of helping it. Eliminating or banning a competitor is inherently bad for competition and does Indian consumers a disservice.

Removing Chinese apps from your phone is the opposite of self-reliance

Several Indian startups such as Paytm, Swiggy, Zomato, Ola and BigBasket have Chinese investors. Shunning the apps hurts Indian startups.

08 Jun 2020 4:07 PM

Govt rejects Flipkart's proposal for entering food retail sector. (PTI Photo)

Government rejects Flipkart's plan to enter food retail sector

The company spokesperson said that Flipkart intends to re-apply for the permit

01 Jun 2020 3:59 PM

JioMart, which declared itself an aggregator of neighbourhood grocery stores, is currently looking similar to the BigBasket model of ecommerce. (Representative Image | Pixabay)

JioMart, self-declared as a kirana store aggregator, launches in 200 cities without them

Grocery is 70% of Indian retail market, with 90% driven by neighbourhood shops. Will Reliance include them, subdue them or wipe them out?

26 May 2020 5:54 PM

The opening of seasonal roles at Amazon India also comes amid the spate of layoffs by tech-led companies like Swiggy, Zomato, ShareChat, Ola and some others over the past few days.

Amazon India says it will add 50,000 temp roles but where are the migrant workers to take up the jobs?

It may struggle to employ people for warehousing and delivery to meet surging demand, as many such roles were being fulfilled by migrants.

22 May 2020 6:44 PM

Ecommerce platforms such as Amazon, Flipkart, Bigbasket, Grofers and Netmeds are allowed to sell essential commodities such as food, pharmaceuticals and medical devices.

Non-essential items cannot be sold by Amazon, Flipkart, government's revised order says

There was talk of some retail traders mounting pressure on the government that local shops be allowed to sell non-essentials items

19 Apr 2020 3:22 PM

The deal comes months after Bigbasket closed USD 150 million in funding from a group of investors.

Grocery start-up Bigbasket gets USD 14.5 million in venture debt

Bigbasket will use the fresh funds to set up warehouses and boost its cold chain.

29 Jul 2019 2:18 PM

It has been previously reported that Grofers valuation stood at USD 600 million.

Grofers raises USD 200 mn led by SoftBank Vision Fund for market expansion

This represents the largest primary financing round in the online grocery sector in India, Grofers said in a statement.

15 May 2019 6:14 PM

Founded in 2011, BigBasket operates in 25 Indian cities.

BigBasket to invest USD 100 mn to set up vending machines, distribution points

The company is investing in setting up unmanned vending machines - BB Instant - in office and apartment complexes.

28 Apr 2019 6:15 PM

After they established themselves in the markets, several new players have entered the space in the past two to three years.

New entrants struggle in online grocery space

The $1 billion hyperlocal online grocery space is heavily dominated by BigBasket and Grofers with a 71 per cent market share.

02 Mar 2019 2:16 AM

The income was higher by 57.5 per cent to Rs 53.4 crore in 2017-18 from Rs 33.9 crore in the previous financial year, the document sourced by business intellegence platform Tofler showed. (Photo: Twitter)

Grofers narrowed losses to Rs 258.3 crore in FY18

The company had posted a net loss of Rs 268.3 crore for the year ended March 2017.

22 Feb 2019 10:42 AM

These are the 5 apps every woman should have. (Photo: Pixabay)

Top 5 must-have apps for women in 2019

These apps have to be on the smartphone for every Indian woman.

25 Jan 2019 12:11 PM

Here are some companies whose services you can choose from. (Photo: Pixabay)

Here how you make 'Daughter's Day' special for your princess

This Daughter's Day, it is time to pamper the special angel of your life and make her feel valued.

22 Sep 2018 5:40 PM

E-commerce major Flipkart plans to expand its online grocery service 'Supermart' to 5-6 major Indian cities by the end of the year as it takes head-on players like Alibaba-backed BigBasket and SoftBank-funded Grofers as well as rival Amazon India.

Flipkart to expand e-grocery store in 5 to 6 Indian cities by year-end

It takes head-on players like Alibaba-backed BigBasket and SoftBank-funded Grofers as well as rival Amazon India.

09 Aug 2018 5:24 PM

Amazon is aggressively ramping up selection for grocery on its platform and focussing on speedier delivery as it looks to consolidate its position in the segment against rivals like BigBasket and Grofers.

Amazon India rebrands groceries service

E-commerce giant Amazon is aggressively ramping up selection for grocery on its platform and focussing on speedier delivery.

30 May 2018 2:55 PM

Alibaba invested $146 million in the grocer, subscribing to compulsorily convertible preference shares, BigBasket said in a filing to Indian regulators.

Alibaba invests heavily in BigBasket

BigBasket will use the funds to improve its technology, analytics, infrastructure and marketing

03 Feb 2018 10:06 AM

According to a report by Franchise India, the online grocery market is expected to be Rs 2.7 billion market by 2018-19.

Alibaba may pump in up to $300 million in BigBasket

Chinese e-commerce major had sought approval of CCI for acquiring stake in BigBasket.

08 Dec 2017 10:36 AM

There have also been reports of BigBasket being in discussions with Amazon to sell stake.

Paytm may pick up stake in BigBasket for $200 million

Investing in BigBasket would help Paytm in further strengthening its play in the e-commerce space.

13 Jul 2017 10:36 AM

Online grocery delivery service rivals in talks for merger

BigBasket and smaller rival Grofers India Pvt. Ltd. have begun talks on a possible merger

19 Apr 2017 12:51 PM

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Shobhaa De