Business Standard

Saturday, January 04, 2025 | 05:15 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 5 - Bigbasket

Covid-19: In essential items, e-commerce is no match to kirana stores

That's because, according to KSA Technopak, e-commerce firms sell gross merchandise value of only $2.5 billion. That's minuscule in the $550-billion annual sales of food and groceries in 2019-20.

Covid-19: In essential items, e-commerce is no match to kirana stores
Updated On : 31 Mar 2020 | 10:51 PM IST

Top headlines: Kirana shops beat online giants, milk demand down, and more

From New India Assurance to insure health workers, Centre disbursing first VRS package for BSNL, MTNL staff to challenges of e-commerce firms, Business Standard brings you top headlines of the day

Top headlines: Kirana shops beat online giants, milk demand down, and more
Updated On : 31 Mar 2020 | 8:15 AM IST

Kirana stores beat e-commerce giants during coronavirus crisis: Study

The traditional trade channel that serves over 1.3 billion people, compared to some 120 million by e-commerce, has fared significantly better when it comes to availability of essential goods

Kirana stores beat e-commerce giants during coronavirus crisis: Study
Updated On : 30 Mar 2020 | 10:35 PM IST

Bigbasket bags milk delivery app DailyNinja, strengthens Bengaluru reach

DailyNinja currently caters to around 110,000 customers transacting daily and will augment the company's essentials-focused delivery service BBDaily's extensive non-milk range.

Bigbasket bags milk delivery app DailyNinja, strengthens Bengaluru reach
Updated On : 25 Mar 2020 | 12:42 AM IST

Our order volume has surged twofold after spread of coronavirus: Hari Menon

HARI MENON, co-founder and CEO of BigBasket, tells Bibhu Ranjan Mishra how the Bengaluru-based unicorn is managing such a huge demand

Our order volume has surged twofold after spread of coronavirus: Hari Menon
Updated On : 24 Mar 2020 | 7:07 AM IST

BigBasket is focusing on turning profitable in two years: CEO Hari Menon

Menon and his four other co-founders are quite clear that the space where they operate in itself is so vast that they have hardly been able to scratch the surface

BigBasket is focusing on turning profitable in two years: CEO Hari Menon
Updated On : 20 Mar 2020 | 11:14 PM IST

Coronavirus: E-commerce gets a boost as customers prefer to stay indoor

Firms like Flipkart, Amazon, Bigbasket witness 30% spike in orders as COVID-19 spreads

Coronavirus: E-commerce gets a boost as customers prefer to stay indoor
Updated On : 15 Mar 2020 | 12:22 AM IST

Bigbasket aims to go for IPO by 2023, cross Rs 7,000 cr in revenue in FY21

Bigbasket expects to close the current financial year (FY20) with a top line of Rs 5,000 crore. In FY22, it hopes to hit the billion-dollar mark with revenue of Rs 7,000 crore

Bigbasket aims to go for IPO by 2023, cross Rs 7,000 cr in revenue in FY21
Updated On : 01 Mar 2020 | 9:14 PM IST

Reliance announces Jiomart to take on the online grocery shopping business

Listen to the podcast to know how Reliance is all set to take on Amazon and Flipkart with its online food and grocery selling venture, JioMart

Reliance announces Jiomart to take on the online grocery shopping business
Updated On : 31 Dec 2019 | 12:24 PM IST

Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year

The decade has seen an impressive 25x growth in terms of the total funding raised by the startups.

Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year
Updated On : 28 Dec 2019 | 12:02 AM IST

BigBasket loss widens to Rs 348 crore; revenue up 69% to Rs 2,380.95 crore

The company had posted a loss of Rs 179.23 crore in 2017-18 financial year, documents filed with the Corporate Affairs Ministry and sourced by business intelligence platform Tofler showed.

BigBasket loss widens to Rs 348 crore; revenue up 69% to Rs 2,380.95 crore
Updated On : 30 Nov 2019 | 1:43 AM IST

Top business headlines: Vodafone's India crisis, retail inflation, and more

From Supreme Court striking down amended Finance Act rules for tribunals to SpiceJet second quarter loss, Business Standard brings you the top business headlines for the day

Top business headlines: Vodafone's India crisis, retail inflation, and more
Updated On : 14 Nov 2019 | 7:32 AM IST

Big aim for BigBasket as it eyes break-even across top 10 cities in FY20

Online grocer may close FY20 with Rs 5,300 cr in sales, says CEO Hari Menon

Big aim for BigBasket as it eyes break-even across top 10 cities in FY20
Updated On : 14 Nov 2019 | 1:50 AM IST

Two books offer a close account of Flipkart and BigBasket's journey

Two books - one an insider account, the other a journalist's narrative - capture the journey of Flipkart and BigBasket, the first-movers in India's e-commerce story

Two books offer a close account of Flipkart and BigBasket's journey
Updated On : 01 Nov 2019 | 10:49 PM IST

Grocery startup Bigbasket gets Rs 100 cr venture debt from Trifecta Capital

Bigbasket, which competes with Walmart Inc-owned Flipkart and Amazon.com Inc, will use the fresh funds to set up warehouses and boost its cold chain

Grocery startup Bigbasket gets Rs 100 cr venture debt from Trifecta Capital
Updated On : 29 Jul 2019 | 3:04 PM IST

BigBasket gets $150 million in funding, becomes the latest unicorn

Deal marks Mirae's largest investment in internet sector; Alibaba continues to support firm in new round of financing

BigBasket gets $150 million in funding, becomes the latest unicorn
Updated On : 06 May 2019 | 9:56 PM IST

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

Another area where the company is investing is in towards setting up unmanned vending machines - BB Instant - in office and apartment complexes

BigBasket to invest $100 mn to set up vending machines, distribution points
Updated On : 28 Apr 2019 | 10:58 PM IST

Bigbasket turns unicorn with $150-mn funding; valuation jumps over twofold

Bigbasket has just sealed a Series F round at an estimated valuation of around $2.3 billion

Bigbasket turns unicorn with $150-mn funding; valuation jumps over twofold
Updated On : 29 Mar 2019 | 10:59 AM IST

BigBasket eyes around Rs 250 crore revenue from organic food business

The Bengaluru-headquartered firm on Sunday unveiled new gluten-free and healthy products under 'bb GoodDiet' range at the Organics & Millets 2019 International Trade Fair here

BigBasket eyes around Rs 250 crore revenue from organic food business
Updated On : 21 Jan 2019 | 12:09 AM IST

BigBasket eyes 40% revenue; to launch beauty as category in a few days

The company aims to clock Rs 35 billion in sales this fiscal year

BigBasket eyes 40% revenue; to launch beauty as category in a few days
Updated On : 20 Nov 2018 | 2:55 PM IST