Bigbasket
Retail
Cash On Delivery: E-Commerce’s pain point
Shruti Barrot’s cash on delivery order, a white shirt, has arrived and the delivery executive is waiting at the door. However, Shruti had happened upon a cheaper, smarter piece, which fit her during her mall visit a day earlier...
Food
BigBasket gets Rs 100 cr venture debt from Trifecta Capital
Trifecta Capital on Monday said it has provided Rs 100 crore in venture debt to SuperMarket Grocery Supplies, the parent of online food and grocery delivery startup BigBasket.“This is the largest venture debt transaction in the country…The funds will...
Food
Grofers to deploy 500 e-vans in fleet by Dec-end
Online grocery retailer Grofers on Monday said it plans to deploy about 500 electric vans to its last mile-delivery fleet as part of its sustainability efforts. The SoftBank-backed company had started a pilot with about 50 e-vans last year...
Retail
Warehousing: The backbone of the e-commerce business
The warehouse industry in India has come a long way from godowns and mismanaged empty spaces to become the backbone of the growing e-commerce industry in India. Going by current industry estimates, the warehouse space in India will grow...
Food
Amazon expands Pantry to 110 Indian cities
E-commerce major Amazon.in Thursday said it has expanded its 'Pantry' service to over 110 cities in the country as it bets big on the grocery category to drive growth in business.Amazon Pantry has been aggressively expanding its presence to...
Food
Decoding the rapid rise of online grocery shopping in India
Over the past few years, the online grocery industry has seen truly exceptional changes. E-commerce retailers are always looking for new concepts that can make life easier for the time-pressed consumers. I believe one such booming introduction we saw...
Food
Grofers raises US$ 200 mn led by SoftBank Vision Fund for market expansion
Online grocery retailer Grofers Wednesday said it has raised over US$ 200 million (over Rs 1,400 crore) in funding, led by SoftBank Vision Fund.The series F funding saw participation from new investor, KTB, and existing investors, Tiger Global Management...
Food
Mirae-Naver, Alibaba, CDC invest US$ 150 mn in BigBasket
IANS -
South Korean Asset financial group Mirae-Naver, Chinese e-tail behemoth Alibaba group and British development finance institution CDC on Monday said they have collectively invested US$ 150 million (Rs 1,040 crore) in grocery major BigBasket's firm Supermarket Grocery Supplies Ltd."The...
Food
BigBasket to invest US$ 100 mn to strengthen supply chain
Alibaba-backed company BigBasket is pumping in US$ 100 million (about Rs 698 crore) to strengthen its supply chain by setting up vending machines and smaller distribution centres across various cities it operates in.According to a PTI report: The online...
Food
BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group
Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...
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Latest News
India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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