How dotcom survivors built a $950 million startup in India
Attracting and keeping customers is a challenge for all e-commerce companies, and doubly so in India where shopping habits vary widely from city to city.
Kishore Biyani's Future Group takes e-rivals head on, goes the app way for grocery delivery
Biyani-led Future Group is set to launch an app l...
Here's how edutech startup Byju’s quietly turned into a unicorn company
Byju’s is the 11th unicorn startup from India, following messaging ap...
Fair play at work: startups show the way in gender diversity
The higher presence of women in startups is the result of trying to find the best person for the job, said company founders and recruiters.
Big Basket's big plans for organic farmers in Karnataka
The proposal is to supply and procure organic products including millets of approximately 800 metric tonnes, valued at Rs 14.50 crore from the two federations, he said.
Ecommerce companies plan to double or triple fleet of delivery agents
Companies such as Flipkart, Big-Basket, Swiggy, 1mg, Pepperfry and Urban Ladder, among others, are planning to increase the number of delivery workers.
E-retailing may log in 2.5 times growth in three years
The online shopping segment has trebled over the past three fiscal years on rising Internet penetration, awareness of online shopping as well as lucrative deals and discounts.
Why do e-commerce biggies lag in MRP display norms?
The amendments in Legal Metrology Rules (Packaged Commodities Rules, or PCR) were brought about in June 2017, after the consumer affairs ministry received complaints about information deficit while shopping online.
Knowing what you eat: An app promises to track and trace fruit, vegetable
Named FarmTrace, the app would help a consumer locate the store where they can find the right food and also get to know the location where it was grown and the nutritional factors that made it.
Paytm Mall, Alibaba may invest $200 million in BigBasket
"What BigBasket has been missing is deep-pocketed investors till now, and if this deal goes through they will not have to worry about capital," said a venture capital investor tracking the space.
Grofers eyes SoftBank, Tencent big bucks after turnaround
While the discussions with Tencent are early, SoftBank is likely to bulk up its shareholding in Grofers, valuing the company at 20-30% lower than the $400-million valuation it fetched in 2015.
Amazon in talks to buy Indian online grocer BigBasket
BigBasket, run by SuperMarket Grocery Supplies Pvt, is India’s largest online grocer and operates in about 25 cities across the country.
Chinese ecommerce giant Alibaba wants a stake in BigBasket
With Alibaba joining investee firm Paytm Mall in the talks to pick up a stake in the e-grocer, BigBasket has easily shrugged off Amazon's snub.
Amazon readying to sell locally made food from March
The unit can sell only locally produced and packaged food products and will directly compete with Grofers and BigBasket in the online segment.
Paytm Mall in talks to invest $200 million in BigBasket
BigBasket is seeking a pre-money valuation of at least $550 million. The company was valued at about $450 million when it raised capital in March, 2016.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service