A bigger basket: Hari Menon needs serious money to stay in the game

If the start-up becomes part of the Tata group's investment basket, it may be well placed to take on the challenge

Online grocer BigBasket recently made headlines for being in talks with the Tata Group to sell a majority stake in the company for around $1 billion. If the deal goes through, BigBasket could become a part of the Tata group. In its journey, the unicorn has seen a frugal existence. It had a humble beginning nine years ago in a small office in the Domlur area of Bengaluru with five people on board — V S Sudhakar, Hari Menon, Vipul Parekh, Abhinay Choudhari and V S Ramesh, who had earlier started one of the first online businesses in India, Fabmart.com.