BigBasket’s move into offline retail is intended to bridge the gap between offline and online experiences, as well as support its ambitious expansion plans amid rising competition in grocery retail, according to data and analytics firm GlobalData. The move comes at a time when consumers in India continue to prefer offline grocery stores. According to […]
BigBasket, a Tata group-owned grocery unicorn, has started testing its large format supermarket mode in Hyderabad. Earlier the company began testing its offline retail model with tech-driven, self-serviced fruits and vegetables outlets in Bangalore last year. On Wednesday, the digital first startup opened its first full-fledged supermart in the country in Hyderabad’s IT corridor, with […]
After raising USD 200 million, the Tata Group-owned online grocer BigBasket is looking to make an IPO foray by 2025. BigBasket is presently valued at USD 3.2 billion. According to media reports, the e-commerce major will launch an initial public offering over the next 24 to 36 months. However, the group is looking to raise […]
