Bigbasket

BigBasket crosses Rs 1,000-crore sales mark in FY17

December 27, 2017 |by indiafood forum | Comments Off on BigBasket crosses Rs 1,000-crore sales mark in FY17 | FOOD & GROCERY |

https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/bigbasket-crosses-rs-1000-crore-sales-mark-in-fy17/62261667

Innovative Retail, which runs BigBasket, has more than doubled its business to cross the Rs 1,000-crore sales mark in FY17, indicating the growing preference for online grocery-shopping in India despite sluggish trends in the broader consumer market…READ MORE

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Bigbasket signs three-year e-procurement deal with SourceEzy

November 22, 2017 |by indiafood forum | Comments Off on Bigbasket signs three-year e-procurement deal with SourceEzy | FOOD & GROCERY |

Bigbasket, an online supermarket, signed a three-year e-procurement deal with SourceEzy Technologies Pvt. Ltd, an e-procurement software and consulting firm here to source over 100 crore in the next three years…READ MORE

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BigBasket Raises $839K In Funding From Trifecta Venture Debt Fund

October 13, 2017 |by indiafood forum | Comments Off on BigBasket Raises $839K In Funding From Trifecta Venture Debt Fund | FOOD & GROCERY |

Bengaluru-based online grocer BigBasket has raised $839 K(INR5.5 Cr) from its existing investor Trifecta venture debt fund…READ MORE

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Nestle ‘KitKat Dessert Delight’ now available on Bigbasket

September 25, 2017 |by indiafood forum | Comments Off on Nestle ‘KitKat Dessert Delight’ now available on Bigbasket | FOOD & GROCERY | , , ,

While mobiles launching online first has been a norm in India for a while, FMCG is also increasingly looking to do this due to quick distribution and reach, ability to experiment and fine tune marketing…READ MORE

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Tata Group to take on Bigbasket and Amazon in online grocery retail

September 25, 2017 |by indiafood forum | Comments Off on Tata Group to take on Bigbasket and Amazon in online grocery retail | FOOD & GROCERY | , , , ,

“Trent plans to shut its smaller format Star Daily, which will help them cut costs in rentals and at the same time serve those catchment areas through online,” said one of the officials…READ MORE

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BigBasket invests heavily in supply chains of fresh produce, private labels to take on Amazon

July 25, 2017 |by indiafood forum | Comments Off on BigBasket invests heavily in supply chains of fresh produce, private labels to take on Amazon | FOOD & GROCERY | , ,

Grocery e-tailer BigBasket is upping its game with heavy investments into its fresh produce and staples supply chain, as it prepares to take on global giant Amazon which recently received the DIPP nod for FDI in food retail…READ MORE

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Alibaba wants a stake in BigBasket

July 20, 2017 |by indiafood forum | Comments Off on Alibaba wants a stake in BigBasket | FOOD & GROCERY | ,

Chinese ecommerce giant Alibaba has joined investee firm Paytm Mall in the talks to pick up a stake in BigBasket, according a person familiar with the developments. Separately, India’s largest online grocer is holding fundraising talks with Singapore’s sovereign wealth fund Temasek Holdings and China’s Fosun Group as well, another person said…READ MORE

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BigBasket signs 60-day exclusivity agreement for possible sale to Amazon

June 16, 2017 |by indiafood forum | Comments Off on BigBasket signs 60-day exclusivity agreement for possible sale to Amazon | FOOD & GROCERY | , ,

Whilst signing the exclusivity clause will mean Amazon is the only strategic contender to buy BigBasket during the two-month period, sources said it does not stop the online grocery player from pursuing financial investors to shore up cash…READ MORE

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Amazon in talks to buy Indian online grocer BigBasket

June 14, 2017 |by indiafood forum | Comments Off on Amazon in talks to buy Indian online grocer BigBasket | FOOD & GROCERY | , ,

BigBasket, run by SuperMarket Grocery Supplies Pvt, is India’s largest online grocer and operates in about 25 cities across the country…READ MORE

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GST: Online grocery stores worried over stocks of consumer goods running out

June 8, 2017 |by indiafood forum | Comments Off on GST: Online grocery stores worried over stocks of consumer goods running out | FOOD & GROCERY | ,

The fear emanates from liquidation of inventory and heavy promotions in June ahead of the goods and services tax (GST) being put in place on July 1…READ MORE

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