Tata acquires majority stake in BigBasket, invests $219 million
Tata group has completed the purchase of a majority stake in online grocer BigBasket that would pitch the conglomerate against established heavyweights such as Amazon, Reliance Industries, and ...
Tata to buy BigBasket in over $1 billion deal - Hindustan Times
Tata Sons Pvt. Ltd has agreed to acquire control of India’s largest online grocer BigBasket, according to a filing with the Competition Commission of India (CCI) on Friday, in a deal valued at...
BigBasket looks to turn profitable in 6-9 mths - Times of India
Oct 2, 2023 · BigBasket, owned by Tata Group, aims to achieve profitability in six to nine months, according to co-founder Vipul Parekh. The company's slotted grocery delivery business is already profitable, while its quick commerce business is expected to become profitable in …
bigbasket funding: Exclusive | BigBasket raises $200 million from …
Dec 21, 2022 · BigBasket has raised $200 million in new funding that has boosted the valuation of the Tata Digital-owned e-grocer to $3.2 billion, a top executive told ET. In addition to Tata Digital, which owns 64% in the Bengaluru-based company, other investors in the firm have also participated in the funding round.
BigBasket News: Bigbasket latest news and Recent bigbasket …
BigBasket News: Read Bigbasket latest news and recent Bigbasket Updates on The Economic Times. Get latest updates on Bigbasket funding news, valuation updates, videos & more.
Inside BigBasket’s plan for profitability | Company Business News
Feb 7, 2024 · The Tata group-backed company expects to turn profitable early next year, reaching a rarefied milestone in the online grocery space. But first, BigBasket needs its quick-commerce arm to hustle.
quick commerce: Exclusive: BigBasket set to fully pivot to quick ...
Aug 27, 2024 · Tata-owned BigBasket, the largest e-grocer known for slotted deliveries, is set to become a full-scale quick commerce platform as the burgeoning sector sees rising demand for rapid deliveries, blurring the divide with horizontal ecommerce platforms.
Tata Group reaches agreement to buy majority stake in BigBasket
Feb 16, 2021 · Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, two sources familiar with the matter told TechCrunch.
Tata acquires majority stake in BigBasket, invests $219 million
May 28, 2021 · The Tata group has completed the purchase of a majority stake in online grocer BigBasket that would pitch the conglomerate against established heavyweights such as Amazon, Reliance Industries Ltd...
EuroLeague, NBA and FIBA Basketball News - Basketnews.com
Four EuroLeague players to play for Israel national team in FIBA window. 9 hours ago. With just over a week remaining until the first FIBA EuroBasket 2025 window of the 2024-25 season, Israel announced the extended list of candidates for the national team.