With Alibaba on board, BigBasket to go offline
The Bengaluru-based company is looking to supplement its core online business with offline kiosks that will stock daily groceries, fast-moving consumer goods, fruits and vegetables.
Swiggy, BigBasket discover next cash cow: Milk supply
Firms look to buy milk-delivery startups to increase frequency of orders and make custo...
ITC looks to expand food portfolio to boost turnover
The food category, which drives the fast moving consumer durable industry, is expected t...
How Google-backed Dunzo is battling competition from Swiggy, Bigbasket, others
As it drives towards its pan-India ambitions, the concierge and task management startup has to battle some stiff competition.
Exits can be great opportunities to send right message across teams: BigBasket
"There are some common reasons for short-changing the right process. A common problem is every startup needs the person it is hiring immediately."
SFAC seminar lays emphasis on Venture Capital Assistance Scheme
Chaudhuri said that this scheme, if fully utilized in West Bengal, would benefit the agri-business entrepreneurs in the state.
Flipkart has a $264-million plan for grocery store Supermart
With a soft launch in Bengaluru several months ago, grocery transactions already form 25-30% of Flipkart’s overall number of transactions in the city.
BVP’s Raghav Bahl to join India investment team of Alibaba
The rejig will also see Kshitij Karundia, who was leading India investments for Alibaba till now, move to Alibaba’s corporate finance team.
Digital-first brands took just three years to hit Rs 100 crore
eBrands achieved traction quickly with etailers putting in place exclusive programmes to launch and test, thereby raising consumer intent to purchase differentiated products online. In the past two years, venture capitalists have invested more than $300 million in 70 such consumer brands.
Alibaba plans on integrating BigBasket & XpressBees with Paytm Mall
Working with these companies will help Paytm Mall, which claims it will exit FY18 at a gross merchandise volume (GMV) run rate of $3 billion, target an ambitious $10 billion run rate by end of FY19.
Zomato, Swiggy and UberEats paying higher cash on delivery
Platforms double salaries of delivery staff in some cities; grocery, ecommerce, logistics companies feel the pinch
Last mile, new path: Employees at Flipkart are successfully transitioning to new leadership roles
The role of the ecommerce delivery executive is evolving rapidly as companies handling an increasing number of deliveries seek to bulk up and improve efficiencies of their foot soldiers.
Alibaba backs Indian online grocer BigBasket in $300 million fundraising
An Alibaba unit invested $146 million, subscribing to compulsorily convertible preference shares, BigBasket said a filing to Indian regulators.
BigBasket receives $200 million in a round led by Alibaba
As per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplies.
Grofers rethinks fresh products as focus shifts to private labels
Grofers has been focusing on its non-fresh private label products with over 700 items added as it continues to add 30-40 items every month.
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