Page 7 - Bigbasket

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

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.

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.

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

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

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

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

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 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 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 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 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 $200 mn investment in fresh funding in next few months

The fund will be used largely for marketing, and to develop infrastructure and technology

The challenge is acquisition of new customers: BigBasket CEO Hari Menon

Subscription-based services will fuel the e-grocer's cross-platform push

'Soonicorns': Bullish BigBasket just $50 million shy of billion-dollar club

In the first of a five part series on soon-to-become unicorns, Business Standard takes a close look at BigBasket's business model

How five dotcom survivors built a $950 million e-grocery startup in India

In a country where groceries account for half of the almost $1 trillion retail market, Bigbasket is using knowledge learned the hard way during the dotcom era

Online grocery BigBasket to enter offline to beat back Amazon, Flipkart

Mulls setting up kiosks for stocking daily groceries, plans to start its own subscription service for milk and bread

BigBasket eyes 20 mn customers; to spend Rs 5 bn in farmer sourcing, tech

This will enable the company to then allocate its resources towards media spending and other activities to achieve its growth targets

BigBasket widens offline cart

To make the shift in strategy a success, it needs to acquire a host of new capabilities

BigBasket FY16 losses up 363% to Rs 278 cr

The Bengaluru-based online grocer saw employee costs grow three and half times to Rs 91 cr in fiscal 2016