BigBasket crosses Rs 1,000-crore sales mark in FY17
Its parent co Innovative Retail has more than doubled revenue to Rs 1,090 cr in FY17, indicating users’ growing preference to shop online for groceries.
Alibaba, Tencent, SoftBank corner Amazon and Uber to become the biggest allies of India’s digital entrepreneurs
The moves undertaken by local...
Farm to table: Bengaluru is turning to farmers’ markets for fresh, organic produce
Discerning customers aware of sustainable, alternative lifestyle are driving such markets in the city.
How founders hold on to equity yet raise cash
Over past few years, venture debt has been gaining ground among startups looking to raise money without divesting stake.
Big Basket signs up with farmer groups to buy millets
Big Basket has also shown interest to train farmer groups on grading, packing & quality aspects. The grocery store as well as farmer groups might explore options to cobranding.
Big Basket, Reliance among firms to feature in organic fair
More people adopting organic food and millets in their diet will not only encourage farmers to grow more of these environment-friendly produce and realise better incomes.
Government may help organic farmers tie up with etailers
Albinder Dhindsa cofounder of Grofers, said supply inconsistency and high prices are the challenges faced in the procurement of organic produce in the country.
Online grocer BigBasket in talks to raise $150 million for expansion
The new fundraising could more than double BigBasket's valuation to nearly $1 billion, according to one of the investors involved in the discussions.
Amazon, Grofers, Big Basket seek FDI nod for food retailing
The government had last year allowed 100% foreign direct investment (FDI) for trading, including through e-commerce, in respect of food products manufactured and produced in India.
Bigbasket's Hari Menon and IDG Ventures's T C Meenakshisundaram join IIMK LIVE Board
Hari Menon is the co-founder and CEO of India’s largest online supermarket, Bigbasket and TC Meenakshisundaram is founder and managing director of IDG Ventures India Advisors, an early-stage venture capital firm.
ET panel discussions on Power of Ideas start today
India's top entrepreneurs to discuss their journey at ET panel discussions across eight cities.
MyGubbi raises $2.7 million in pre-series A round now
Set up in 2015, the company had raised a seed round of $2.3 million last year.
Online grocery delivery players BigBasket, Grofers explore merger
Sources in the know said talks between the two parties, which started in November last year, will be brought up during BigBasket's board meeting scheduled for end of January.
On right track: Navigating India's address problem
The success of many e-commerce enterprises in India, from web-retailing to ride-hailing and food delivery, hinges on cracking the code to where customers live.
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