Page 8 - Bigbasket

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

Merger of BigBasket and Grofers just doesn't make any sense

BigBasket says it averages about 50,000 orders in a day, reports Tech In Aisa

Bigbasket expects operational break-even by Feb 2017

With a presence in 25 states, the online grocer is also looking at offering place-of-origin products to its clientele

BigBasket targets Rs 2,000-cr revenue in 2016-17

Grocery e-tailer plans to increase number of farmers in centres from 1,100 to 3,000 by Mar

BigBasket raises $150 million from Abraaj Group

Abraaj has been present in India since 2006 & the partnership with BigBasket marks its third investment in India.

BigBasket raises $150 million in funding to expand services in smaller cities

The online delivery service raised funds through UAE's Abraaj Group