SEARCHED FOR:HARI MENON
Bigbasket hits annualised gross sale runrate of $1 billion
The Bengaluru-based company will become the second sector-focused online retailer after fashion portal Myntra, and horizontal e-tailers like Flipkart and Amazon India that sell all goods, to cross the billion-dollar sales mark. Myntra has a gross merchandise value (GMV) of over $2 billion.
BigBasket gets $50 million more from Alibaba
While the commitment from Alibaba came through pre Covid-19 virus outbreak, the latest infusion ...
‘Wait, keep your earnings going’: BigBasket’s Hari Menon’s advice to future startup founders
Menon said that future entrepreneurs should be c...
E-tailers to rejig supply chains on shortage fears
Both Flipkart and Amazon, through their private labels like MarQ, AmazonBasics and Solimo, sell large appliances. The e-tailers rely heavily on China for manufacturing.
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Amazon, Flipkart will take at least a year to build supply chain capabilities: BigBasket's Hari Menon
“This is very good for the sector and how modern trade grew and opened up a new way to shop,” Menon said, adding that as grocery extends beyond the high socioeconomic classes towards the midsection, the market will expand.
Amazon, BigBasket get nod for liquor delivery in West Bengal
State-owned West Bengal State Beverages Corporation Ltd (BevCo) invited the two companies to sign the agreements for empanelment for home delivery after finding them eligible, as per a notice dated June 19.
Grofers says on track to hit Rs 550 crore monthly GMV
Data shows that most of Grofers’ orders are coming from less-affluent neighbhourhoods across the country.
BigBasket, Grofers, other e-grocery firms see rise in non-metro users
Grofers said it was able to retain 62% of users who came on board in March after the nationwide lockdown, adding it expects to retain around 50% of new users in the long term.
BigBasket, Grofers, others may clock $3 billion sales
India's online grocery market could top $3 billion in sales this year, a 76% increase over last year, as the spike in demand for home delivery of fresh produce and staples seen during the nationwide lockdown is expected to sustain through the rest of the year.
Staffing the last mile challenging as orders keep rising
Demand for home delivery has shot up anywhere between 50% and 150% in March-April compared to last year.
Gates Foundation appoints Hari Menon as Country Director for India
Menon takes over from Nachiket Mor, who held the position for the past three years and resigned last month.
BigBasket targets revenue of Rs 6300 crore in FY20
Menon said the company has ventured into new areas of business milk supply, beauty products and installation of unmanned vending machine at apartment complexes.
To keep functioning amidst a lockdown, Licious booked hotel for 600 employees
The firm has implemented a new delivery design system and have started slotting the deliveries now to manage them better. Further, it has started partnering with other delivery fleets.
E-grocers like BigBasket, Grofers , others surge ahead on deliveries
Food-delivery apps Zomato and Swiggy, too, have doubled down on the grocery category since it began seeing an uptick in demand. While Swiggy was already present in the grocery delivery segment, Zomato tied up with Grofers to launch the services.