Friday, November 22, 2024

BigBasket

Invesco marks IPO-bound Swiggy’s valuation at $12.7 Billion, up 18% from last fundraise

Invesco, a US-based investor, has raised the valuation of Swiggy, a food and grocery delivery company, to $12.7 billion, according to filings submitted to...

BigBasket and Flipkart accelerate delivery services to compete with quick-commerce rivals

Over the last two months, both BigBasket, an online grocer, and Flipkart, a leading ecommerce platform, have streamlined their delivery processes. This move comes...

BigBasket rebrands slotted delivery to ‘bigbasket supersaver’, targets 1-hour service for faster deliveries

BigBasket, the Tata Group-owned online retailer, has revamped and rebranded its slotted delivery business, which contributes the largest chunk to its overall revenues. It...

BigBasket gears up for Valentine’s week rush, expects 300% surge in sales

BigBasket, the Tata Group-owned online retailer, is expecting a 300 per cent increase in overall sales for Valentine's week compared to the previous year,...

FMCG giants turn to data forecasting to address online stock gaps in quick commerce

As quick commerce (Q-comm) gains prominence as the top-performing channel, major FMCG companies like Nestle, ITC, Parle Products, LT Foods, and Coca-Cola are swiftly...

BigBasket aims for profitability in 6-9 months, eyes IPO in 2025

BigBasket, the Tata Group-owned online grocery retailer, has set its sights on achieving profitability within the next six to nine months, as stated by...

Tomato puree and frozen vegetable sales soar as tomato prices reach new heights

In response to the soaring prices of tomatoes, BigBasket, the online grocery delivery company, offers a helpful alternative. Encouraging its customers through its mobile...

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