Page 3 - Bigbasket

SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales

The Gurugram-based firm is expecting its GMV to touch around Rs 30,000 crore by 2022 as the coronavirus pandemic has accelerated the shift towards online grocery

Online grocery to grow 8 times in 5 years in India, JioMart big gainer

As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a potential to disrupt the space, the next big thing is delivery of groceries online

Online retail majors focus on sprawling small retailer base to boost reach

Small retailers are chary about integrating digitally with larger players on grounds that it will give them access to their customer bases

A path towards profitability: Online retail buys into private labels

Growing demand for value-for-money products and higher margins make this a profitable growth option

Top headlines: GDP may contract 7.7%; Airlines ready for vaccine journey

From GDP on its way to likely contract by 7.7 per cent in FY21 to Airlines get ready for Covid-19 vaccine journey ahead of inoculation drive, here are top headlines of this morning

Explained: How Covid-19 pandemic has changed shopping on BigBasket

Online grocer BigBasket saw huge expansion on the back of lockdown restrictions but it had to first cope with logistics and back-end services to stay on course

Grofers eyes fashion segment for higher margins, to stick to private labels

Grofers, which has a strong play in the private labels segment across categories, is likely to follow this strategy in the fashion segment

Resilience, doing more with less helped us during Covid-19: BigBasket CEO

BigBasket co-founder and CEO Hari Menon said the company hired over 12,000 persons in 16 days to meet the surge in demand

BigBasket breach: How can people check if their data was hacked?

Most net users have at some time or the other used some service, which has been compromised. You can probe further to check what that data is

Top headlines: Free health checkup in cos soon; data breach at BigBasket

From new labour laws promising free annual health checkups to markets poised for fresh all-time highs as investors cheer Biden win, here are top headlines this morning

BigBasket faces potential data breach; details of 20 mn users put on sale

Names, email IDs, password hashes, contact numbers, addresses of users put on sale on dark web, claims cyberintelligence firm Cyble

Lockdown blues over, economy improving: Winners of Business Standard awards

Larsen & Toubro won the Company of the Year award and Wipro founder Azim Premji won the Lifetime Achievement award

Business Standard Awards: Watch the winners share their vision for future

Looking to go omnichannel, BigBasket may seal deal with Tatas soon

Reports say the online grocer is in talks with salt-to-software conglomerate to sell around 50 per cent of its stake in the company for around $1 billion

Top headlines: Indian economy picks up in Sept, Tata aims for BigBasket

Bharti Airtel's CEO explained why the company would stay away from the 5G auctions

Tata Group to buy majority stake in BigBasket for about $1 billion: Report

BigBasket is in advanced talks to sell a majority stake for about $1 billion to Tata Group

Tatas, private equity investors in talks with BigBasket for stake buy

Firm continues to see huge traction as it enters year-end sale period

BigBasket, upGrad bet big on IPL 2020 to reach wider audiences

Digital-focussed brands like BigBasket, Boat and upGrad are betting big on the upcoming IPL season and have entered into partnerships with various teams

BigBasket sees 84% increase in new customers as compared to pre-Covid level

Retention rates higher by 50%, number of orders up over 40%; daily fresh deliveries double

BigBasket bets on in-house segments, plans to expand private label cart

Company plans Rs 200 cr investment to strengthen in-house offerings