BigBasket
Tata Digital acquires majority stake in BigBasket
The transaction valued at about $1.2 billion is estimated to give BigBasket a post-money valuation of close to $2 billion.
TATA moves ahead to acquire BigBasket, gets CCI nod; will compete with Amazon, RIL in e-grocery biz
Competition Commission of India (CCI) today gave the go-ahead for Tata Group’s proposal to acquire a majority stake in Alibaba-backed online grocery store BigBasket.
Tata group to buy BigBasket, seeks CCI nod to acquire majority stake
The deal, if approved, would put Tata in direct competition with Amazon, Walmart's Flipkart and an upstart grocery service from Reliance Industries, backed by billionaire Mukesh Ambani.
Hic, hic, hurray! Amazon, BigBasket users in West Bengal to get e-booze; 8 more startups may get permit
The ease in regulations for online delivery of liquor has given last-mile delivery companies such as Amazon, BigBasket, Swiggy, Zomato etc. another channel to earn revenue and cope up with the Covid impact on their businesses
Grofers back in Delhi NCR after brief halt; BigBasket remains suspended in 16 out of 26 cities
Grofers services remained suspended in other cities including Bengaluru, Kolkata, Hyderabad, Mumbai etc. The company had closed operations on Wednesday due to restrictions amid Coronavirus lockdown.
Amitabh Kant ensures Grofers, BigBasket zero inconvenience by government authorities
The nationwide lockdown announced by PM Modi on Tuesday for three weeks has caused confusion on the ground as delivery personnel of healthcare products, food, daily essentials from companies including MilkBasket, Zomato, Grof
Alibaba-backed BigBasket ramps up subscription business; acquires smaller rival DailyNinja
BigBasket currently competes with SoftBank and Tiger Global backed Grofers, Amazon Fresh and Amazon Pantry, Flipkart Supermart etc in the grocery play. Swiggy and Dunzo have also been in the grocery segment.
Grofers moving to inventory model with fruits & veggies under pvt label ‘Freshbury’
Grofers, the food and grocery hyperlocal, is tweaking its business model to a partly inventory-led one, CFO Ashneer Grover told FE.
Abraaj leads $150-mn BigBasket funding
Online grocery delivery firm BigBasket has raised $150 million (approximately Rs 1,000 crore) in the latest round of funding led by a new investor, the Dubai-based private equity player Abraaj Group.
BigBasket hopes to break even by FY18
Online grocer BigBasket hopes to breakeven by FY17-18, the company has said. It is targeting a sales turnover of Rs 12,000 crore by FY18-19...
Online grocery stores: Will customers continue to come once the freebies dry up?
Online grocery stores are riding primarily on discounts. Will the customers continue to come once the freebies dry up?
Plan to raise $150 mn in next 2 years: Hari Menon
The country’s largest online grocer BigBasket.com, which recently raised $50 million from its existing investor Bessemer Venture...
We plan to raise another $150 million over next 2 years: BigBasket CEO
BigBasket, the online grocery business is expected to touch $20 billion in India by 2020, and BigBakset aims to remain the market leader.
