Bigbasket
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...
Food
bigbasket expands its offerings to include beauty products
bigbasket has made its foray into the beauty and cosmetics category. The company is already a leader in FMCG sales, staples, and fruits and vegetables, has about 10 million subscribers, and is clocking over 1 lakh orders per day....
Retail
How the retail industry has fared in 2018
The overall retail market in India 2018 stood at Rs 43,251 billion and is forecast to grow by 6.4 percent CAGR in 2018-2023. Retailing in India still predominantly takes place in physical stores and shopping behaviour between urban and...
Food
How to innovate to make your brand a big hit
The food and beverage industry in India is currently on the verge of momentous trends that are both transformative and disruptive. The most pronounced of these trends is buoyant growth of the consumer packaged goods (CPG) industry over the...
Food
BigBasket eyes 40 pc revenue from private labels next fiscal
Chinese retail giant Alibaba-backed online grocery player BigBasket that aims to be a billion-dollar company by the next fiscal year, is expecting 40 percent of its projected revenue to come in from its private labels, a top company official...
Food
Bigbasket eyes US$ 200 million in fresh funding
After successfully raising US$ 300 million from Alibaba Group earlier this year, online grocery store Bigbasket now aims to raise up to US$ 200 million over the next few months, a top company official said.
According to a PTI report:...
Food
ITC eyes Rs 1 trillion turnover from FMCG, plans to expand food portfolio
Diversified conglomerate ITC is looking at portfolio expansion in its food division to achieve the stated vision of the company of achieving Rs 1 trillion turnover from FMCG.
“The ambition set by our Chairman and Managing Director of Rs 1...
Retail
Global Retailers in India: Moves, leaps & hurdles
India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...
Food
Gulabs partners with BigBasket for distribution in Chennai, Bangalore, Mumbai, Pune and Hyderabad
Gulabs, the makers of tasty and delectable hand-crafted Indian snacks has partnered with BigBasket, the leading online food and grocery store.
Under this partnership, customers in Chennai, Bangalore, Mumbai, Pune and Hyderabad will be able to buy Gulabs products through...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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