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Posts Tagged ‘ SuperMarket Grocery Supplies Pvt. Ltd. ’

BigBasket FY16 revenue triples, losses mount

Thursday, January 5, 2017 | More »

The country’s top online grocer BigBasket has registered an over-three-fold increase in revenue to Rs 563 crore for the financial year ended March 2016, a financial daily reported quoting Hari Menon, co-founder & CEO, BigBasket. Sales in the previous fiscal stood at Rs 170 crore. However, net ...


BigBasket sees 300% growth in revenues; eyes Rs 2,000 cr turnover this fiscal

Online grocer BigBasket.com claims to have seen a 300% growth in revenues in the last one year and expects to cross the Rs 2,000 crore milestone in turnover by the end of this fiscal, according to a PTI report on Sunday. “In the past year alone, we have seen over a 300% growth and continue [&helli...

5 December, 2016 | More »


BigBasket raises $150M from Abraaj Group, IFC and others

Online grocer BigBasket.com has raised $150 million (about Rs 1,000 crore) in an expanded round of funding led by the UAE-based private equity investor Abraaj Group. Abraaj said in a statement on Tuesday the round saw the entry of new investors such as the International Finance Corporation and Sa...

22 March, 2016 | More »


How BigBasket is taking the fight back to hyperlocal grocery startups

The country’s top online grocer BigBasket.com is partnering speciality third party stores, going closer to consumers home and moving in to kirana stores with its own private label as it takes the competition right back to hyperlocal startup peers. Many of the hyperlocal startups such as Pepp...

8 January, 2016 | More »


Exclusive: BigBasket hits milestone commitment en route large funding round

Bangalore-based SuperMarket Grocery Supplies Pvt Ltd, which operates the country’s top online grocer BigBasket, has hit a milestone in terms of investment commitment as it moves forward to wrap up a large funding round. Click here for full story....

7 January, 2016 | More »


IFC to invest $25M in BigBasket

International Finance Corporation, the private-sector lending arm of the World Bank, will invest around $25 million (Rs 163 crore) to pick up an undisclosed minority stake in online grocer BigBasket. This is IFC’s first known bet on India’s bustling e-commerce sector. IFC said on Tuesday...

13 October, 2015 | More »


Online grocer BigBasket raises $50M from Bessemer, others

Online grocery retailer BigBasket.com, owned and operated by Bangalore-based SuperMarket Grocery Supplies Pvt Ltd, has raised $50 million in a fresh round of funding led by existing investor Bessemer Venture Partners. The Times of India, which first reported the development citing BigBasket CEO Har...

12 August, 2015 | More »


Online grocer BigBasket buys last-mile logistics startup Delyver

Online grocery retailer BigBasket.com, owned and operated by Bangalore-based SuperMarket Grocery Supplies Pvt Ltd, has acquired hyperlocal delivery startup Delyver in a cash-and-stock deal. The transaction gives BigBasket increased depth in its delivery service and strengthens its ability to deliver...

12 June, 2015 | More »


Exclusive: PremjiInvest may lead $50M fresh investment in grocery e-tailer BigBasket

PremjiInvest, the private investment arm of Wipro Ltd chairman Azim Premji, is in discussions to lead a $50 million (Rs 312 crore) Series C investment round in Bangalore-based SuperMarket Grocery Supplies, which owns and operates online groceries marketplace – BigBasket.com, sources told Techcir...

28 April, 2015 | More »