Date | Title | Description |
26.11.2024 | The Race for Instant Gratification: Tata's Neu Flash and AI's Role in India's Urban Challenges | In the bustling landscape of India, where the pace of life accelerates daily, the demand for instant services is soaring. Tata Digital has entered this fray with Neu Flash, a 15-minute delivery service that promises to cater to the needs of... |
25.11.2024 | Myntra pilots into quick commerce with ‘M-Now’ in parts of Bengaluru | E-retailer Myntra has forayed into the quick delivery segment in select areas of Bengaluru.
The pilot project, ‘M-Now,’ is operational in a few pin codes in the city and offers a limited selection of products across all its selections, sour... |
25.11.2024 | Tata’s Neu Pilots 15-Minute Delivery Service Amid Quick Commerce Boom | SUMMARY
Tata Digital launched Neu Flash, a 15-minute delivery service across multiple categories including groceries, electronics, and fashion, in over 20 cities
The service leverages BigBasket's hyperlocal network for groceries, Croma for ... |
22.11.2024 | From Traffic to Food Wastage: How AI is Solving India's Modern Problems "When credit was widely used, no one foresaw the 2008 fallout. Sustainability is a similarly critical issue," said Sam... | India, a land of immense diversity, is grappling with a range of modern challenges in its metro cities, including pollution, inadequate infrastructure, traffic congestion, and higher crime rates. To address these emerging issues, Indian lea... |
19.11.2024 | Former World Bank Executive Sayan Ghosh Launches INR 300 Cr Venture Capital Fund The fund aims to invest in over 20 companies, up to INR 15 crore (USD 2 million) each, and has already backed three pro... | Ortella Global Capital (OG Capital), spearheaded by former International Finance Corporation executive Sayan Ghosh, has launched an INR 300 crore (approximately USD 36 million) venture capital fund. Positioned as India's first VC fund focus... |
19.11.2024 | Former IFC executive Sayan Ghosh launches venture capital fund | Sayan Ghosh, managing partner, OG Capital
Sayan Ghosh, who was part of the International Finance Corporation’s (IFC) team that made investments in venture capital and private equity funds as well as direct bets on homegrown companies, has l... |
18.11.2024 | Pepperfry-backer Panthera Growth sets sight on $300 mn fund next year | Premium
Shilpa Kulkarni, founder and managing partner, Panthera Growth Partners
Singapore-based Panthera Growth Partners (PGP), whose portfolion includes BigBasket, Pepperfry, and Zivame from its first two funds, plans to soon launch its th... |
12.11.2024 | You’re hired! Swiggy adds Flipkart, Amazon executives to cart amid e-commerce push | Sriharsha Majety, Group CEO and co-founder, Swiggy
Food and grocery delivery major Swiggy has been increasingly recruiting executives from e-commerce platforms such as Walmart-owned Flipkart and Amazon, as it looks to foray into more busine... |
04.11.2024 | Hala Mobility, Mihup, Viraa Care bag early-stage cheques | Srikanth Reddy, co-founder, Hala Mobility
EV-as-a-Service startup Hala Mobility, conversation intelligence platform Mihup and health-tech startup Viraa Care bagged early-stage funding, the companies said in a statement.
Hala Mobility
Hala M... |
04.11.2024 | Country Delight Secures INR 200 Cr Venture Debt from Alteria Capital to Fuel Expansion With the raised funds, the brand aims to fuel the company's expansion, increase capacity, and drive brand marketi... | Country Delight, a Gurugram-based direct-to-consumer (D2C) fresh foods brand, announced that it has raised INR 200 crore in venture debt from Alteria Capital to support its rapid expansion and brand-building efforts.
The funding is set to h... |
04.11.2024 | Hyderabad's Hala Mobility Raises USD 6 Mn to Drive Green Mobility in Six New Cities The pre-Series A round saw participation from founders Srikanth and Snehith Reddy, Phani Ramineni, Rohan Bajaj syndi... | Hala Mobility, an innovative EV-as-a-Service platform based in Hyderabad, has secured INR 51 crore (around USD 6 million) in a pre-Series A funding round from the company's founders, Srikanth Reddy and Snehith Reddy.
The funding also saw in... |
28.10.2024 | Jayanti Chauhan Bets Big On Bisleri With Tech, Sports & Gen Z Bisleri is deepening its presence in districts that have high per capita income and is tapping the potential of the travel clusters. F... | In 50 years, Bisleri traversed the world, from a spring in Italy named Angelica to the remotest homes of India. Through these years, the brand has become synonymous with bottled drinking water in the country. Despite the presence of a huge ... |
28.10.2024 | Tata’s Neu Looks To Ride The Quick Commerce Wave | SUMMARY
The Tata group’s ecommerce venture, Neu, is reportedly launching "Neu Flash" in the quick commerce segment, for select users with offerings in groceries, electronics and fashion
As per an ET report, Neu Flash will rely on ... |
18.10.2024 | Not Concerned About New Entrants In Quick Commerce: Blinkit CEO | SUMMARY
Albinder Dhindsa said that the company’s razor sharp focus on customers would help it offset any competition from new entrants
This comes close on the heels of reports saying that parent Zomato was mulling raising INR 9,000 Cr via Q... |
17.10.2024 | Zepto eyes $100-150 million fundraise in discussions with Indian family offices like Motilal Oswal | Quick commerce company Zepto is raising $100-150 million from Motilal Oswal, domestic families and other high net-worth individuals (HNIs), at a pre-investment valuation of $5 billion, according to sources close to the development.
Motilal ... |
16.10.2024 | Licious Expands Its Reach: A Strategic Acquisition in the Meat Market | In the bustling world of food startups, Licious is carving out a significant niche. The company, known for its direct-to-consumer meat and seafood offerings, has made headlines with its recent acquisition of My Chicken and More, a Bengaluru... |
16.10.2024 | Dining out, quick commerce operations suffer disruptions due to heavy rainfall in Bengaluru | Food delivery operations, dining out and quick commerce services were partly disrupted in Bengaluru due to heavy rainfall.
Major quick commerce platforms including BigBasket, Zepto, Swiggy’s Instamart, and Blinkit operations were partially ... |
14.10.2024 | Licious acquires offline retailers My Chicken and More as it deepens its omnichannel presence | Meat and seafood startup Licious has acquired Bengaluru-based offline retailer My Chicken and More in a cash and equity deal.
With this acquisition, Licious looks to strengthen its omnichannel presence in Bengaluru, one of Licious’ biggest ... |
09.10.2024 | Nykaa Pilots 10-Minute Deliveries In Mumbai To Fight Quick Commerce Onslaught | SUMMARY
Nykaa has launched a 10-minute delivery pilot in select parts of Mumbai covering 5% of its SKU base
In September, Nykaa had stated its intention to accelerate next-day and same-day deliveries to cater to the growing demand for quick... |
09.10.2024 | Reliance Retail Enters Quick Commerce Market, Set to Challenge Blinkit, Swiggy Instamart, and BigBasket In an effort to disrupt the rapid commerce industry, Reliance has already started testing pilot ... | Reliance Retail is making a strategic move into India's fast-growing quick commerce market, setting the stage for intensified competition with established players like Zomato-owned Blinkit, Swiggy Instamart, and BigBasket.
The retail brand ... |
08.10.2024 | Ola, Uber rank lowest In Fairwork’s ratings for gig workers | Amazon Flex, Flipkart, Porter, Uber, Ola and others emerged as key under-performers, failing to meet basic criteria for fair pay, contract transparency, and worker representation for gig workers, according to Fairwork India Report 2024.
The... |
08.10.2024 | Top Companies Underperform on Fair Labour Standards for Gig Workers: Report This year, Fairwork evaluated 11 platforms in India including Amazon Flex, bigbasket, BluSmart, Flipkart, Ola, Porter, Swigg... | Gig workers are in the news after Zomato founder and CEO Deepinder Goyal said in a post on X (formerly Twitter) that he had posed as a delivery executive and was denied entry at a mall in Gurugram. He said that mall staff had asked him to t... |
08.10.2024 | Ola, Uber, Porter Score Zero Points On Fairwork’s Rating For Gig Workers | SUMMARY
BigBasket, Swiggy, Zomato, and Urban Company were the top scorers, getting six points each from the maximum 10 points
Interestingly, Ola and Porter failed to open their accounts in the previous edition of the rankings as well
‘Fairw... |
07.10.2024 | Ascent Capital onboards new LP for $240 mn PE fund | Pro
Raja Kumar, founder and managing partner, Ascent Capital
Mid-market private equity firm Ascent Capital, which counts BigBasket, MyGlamm, Fresh2Home and Acko among its portfolio, has secured commitment from a new limited partner (LP) for... |
26.09.2024 | Peak XV’s Surge led $3.5 M Seed funding raised by The Health Factory | In its seed round, which was spearheaded by Peak XV’s scale-up program for early-stage startups, Surge, high-protein, high-nutrient bread the Health Factory had raised $3.5 million. The other participants in the round are Kartik Mehta, Suni... |
19.09.2024 | Condiments brand Kaatil raised undisclosed Seed funding | Smerc Food & Beverages’ Kaatil hot sauce brand, which specializes in Indian chillies, has raised an undisclosed sum in its seed round, which was led by Prajay Advisors of Mumbai and included Shivaan Ghai and Romil Ratra from Mumbai’s Gr... |
19.09.2024 | As Competition Swells, BigBasket Joins Electronics Bandwagon With iPhone 16 Delivery In Just 10 Mins | SUMMARY
BigBasket, owned by Tata Digital, has expanded into electronics delivery, offering 10-minute delivery of the iPhone 16 in partnership with Croma in Bengaluru, Delhi-NCR, and Mumbai starting September 20.
This expansion is part of a ... |
18.09.2024 | Amazon.in to offer ‘phone set-up service’ in 300 cities | Amazon.in will expand its ‘phone set-up service’ to nearly 300 cities from less than 50 currently, as the online shopping site expects a ‘robust’ festive season ahead.
When buying a new phone, it needs to be set up using an email ID, apart ... |
17.09.2024 | India’s Blue Tribe Launches “Rich, Aromatic” Plant-Based Chicken Momos | Indian meat alternatives brand Blue Tribe has expanded its range with the launch of a new product, plant-based chicken momos.
Momos are a type of steamed filled dumpling originating from Tibetan and Nepali cuisine, often sold as street food... |
15.09.2024 | Amazon и Flipkart от Walmart нарушили законы о конкуренции в Индии | Индийский антимонопольный регулятор обнаружил, что Amazon и Flipkart, принадлежащие Walmart, нарушили местные законы о конкуренции, согласно отчету Reuters. Это открытие представляет собой новый вызов для гигантов электронной коммерции на р... |
12.09.2024 | Tata Sons and Archies: Two Giants Navigating New Waters | In the bustling landscape of Indian business, two companies stand out: Tata Sons and Archies. Each represents a different facet of the economy, yet both are on the brink of transformation. Tata Sons, a titan in diversified industries, is po... |
11.09.2024 | Archies Sets Sights on Global Expansion While Achieving 150 % Growth in India's Quick Commerce Market | New Delhi, Delhi, India
Archies, A legacy brand in a social expression industry for decades, is entering a new phase of its journey. Known for bringing emotion to life through its extensive range of greeting cards, gift wraps, and more, the... |
09.09.2024 | TATA Sons Extend its Arms For INR 10,000 Crore Investment Across its Verticals in FY24 By the end of March 2024, Tata Sons' total investments in unlisted equity shares of subsidiaries, associates, and... | In its annual review, Tata Sons highlighted its strategy of investing in both new and existing businesses to support growth, reduce debt and capitalize on India's economic potential. The company is focusing on sectors that benefit from glob... |
06.09.2024 | BigBasket FY24: B2C Arm’s Loss Narrows 17% To INR 1,267 Cr, Revenue Grows 6% | SUMMARY
BigBasket’s B2C arm, Innovative Retail Concepts, saw its operating revenue rise about 6% to INR 7,884.5 Cr in FY24 from INR 7,439.7 Cr in the previous fiscal year
The online grocery retailer managed to control its expenses, with tot... |
05.09.2024 | BigBasket To Merge BBdaily Into Main App Amid Quick Commerce Boom | SUMMARY
Currently, BigBasket operates two separate apps—BigBasket for general grocery deliveries and BBdaily for subscriptions
BigBasket is streamlining its services by consolidating all offerings into a single app, eliminating the fragment... |
02.09.2024 | Индийский стартап по доставке продуктов Zepto достиг оценки в $5 млрд | Оценка индийского интернет-магазина продуктов питания Zepto выросла примерно на 40% до $5 млрд в ходе раунда финансирования, проведенного General Catalyst Partners, что стало последней крупной ставкой иностранных инвесторов на рынок электро... |
01.09.2024 | Quick commerce company Zepto raised $340 M at $5 B valuation | Fast-moving consumer goods startup Zepto has raised $340 million in a follow-on funding round led by General Catalyst, with new investors Dragon Fund and Epiq Capital. Previous investors Lightspeed, DST, Contrary, StepStone, and others uppe... |
29.08.2024 | Mastercard chooses India for world debut of Payment Passkey Service | Mastercard, a global technology in the payments industry, on Thursday announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever.
This service has debuted in India as a pilot w... |
28.08.2024 | Now, Amazon India to enter quick commerce | Amazon is now eyeing India’s quick commerce market. The e-commerce giant plans to enter the space, currently dominated by the likes of BlinkIt and Zepto, in the first quarter of 2025.
Economic Times reports that Nishant Sardana, the categor... |
27.08.2024 | BigBasket to completely pivot to quick commerce | Tata Digital-owned grocery marketplace BigBasket is planning to pivot its business entirely to quick commerce. The move appears to be an attempt to chase opportunity in the 10-15 minutes grocery delivery space, which has been growing at a f... |
17.08.2024 | E-mobility startup Kazam raised $8 M Series A3 funding from Vertex Ventures | Eight million dollars were raised in a Series A3 funding round headed by Vertex Ventures Southeast Asia and India for the e-mobility startup Kazam. Notable investors Avaana Capital, Alteria Capital, and others participated in the round as w... |
13.08.2024 | The New Wave of Gifting and Health: LazyPay and Rohit Sharma's Ventures | In the bustling world of digital finance and health foods, two significant players are making waves. LazyPay, a credit service by PayU, has launched a new line of gift cards, while cricket superstar Rohit Sharma is stepping into the food in... |
13.08.2024 | The Future of Gifting and Delivery: Innovations from LazyPay and Amazon India | In the fast-paced world of digital finance and e-commerce, innovation is the name of the game. Two recent developments from LazyPay and Amazon India illustrate this trend perfectly. LazyPay has launched a new gift card service, while Amazon... |
13.08.2024 | The Electric Surge: Kazam and Ola Electric Lead India's E-Mobility Revolution | India is on the brink of an electric revolution. The streets are buzzing with electric vehicles (EVs). Two players are at the forefront: Kazam and Ola Electric. Both are redefining the landscape of e-mobility in the country. Their recent mo... |
12.08.2024 | E-mobility startup Kazam bags $8M in Series A3 funding
Recommended Stories For You | Bengaluru-based e-mobility startup Kazamhas raised $8 million in a Series A3 funding round led by Vertex Ventures Southeast Asia and India.
The fundraise also saw participation from Avaana Capital and Alteria Capital, among others.
Kazam ... |
12.08.2024 | Kazam Secures USD 8 Mn in Series A3 Round Led by Vertex Ventures Southeast Asia and India for E-Mobility Expansion The Bengaluru-based startup aims to deploy the raised funds to bolster its technology... | E-mobility startup Kazam has announced the raising of USD 8 million in a Series A3 round led by Vertex Ventures Southeast Asia and India. The round also saw participation from Avaana Capital, Alteria Capital, and several other notable inves... |
08.08.2024 | LazyPay Launches Gift Cards, Offering a One-Stop Solution for Gifting | Mumbai, Maharashtra, India
LazyPay, the credit service by PayU, India’s leading digital financial services provider, is thrilled to announce the launch of its latest product line – Gift Cards, a comprehensive one-stop solution for gift vouc... |
08.08.2024 | Zomato Rolls Out New Feature For Cash On Delivery Orders | SUMMARY
Zomato has introduced a feature allowing cash payments for orders, with an option to instantly credit the balance to users' Zomato Money account for future use.
CEO Deepinder Goyal announced the feature, inspired by BigBasket, to si... |
25.07.2024 | The Rise of New Ventures: A Fresh Wave in India's Startup Ecosystem**
** | ** India's startup landscape is buzzing. New players are emerging, fueled by fresh capital and innovative ideas. Two recent developments stand out: Ninecamp Ventures and PROMAFT Partners. Both are poised to reshape their respective sectors,... |
19.07.2024 | Ex-Alibaba and 9Unicorns Executives Launch INR 1,000 Cr VC Fund PROMAFT Partners The sector-agnostic fund will invest in companies with proven product-market fit, making 10-12 strategic investments an... | Raghav Bahl, former head of investments at Alibaba Group's India business, and Soham Avlani, ex-partner at 9Unicorns, have announced the launch of a new venture capital fund, PROMAFT Partners, with an initial corpus of INR 1,000 crore.
This... |
02.07.2024 | Plantaway Launches India’s First Plant-Based Chicken Fillet | Plant-based brand Plantaway has launched a new chicken alternative that the company claims will set a new standard in the market: India’s first plant-based chicken fillet.
Whether grilled, baked, or sautéed, Plantaways’s whole cut, branded ... |
27.06.2024 | Bengaluru-Karnataka’s Minister for IT/BT Launches New Scaleup Program | Priyank Kharge, Bengaluru-Karnataka’s Minister for IT/BT, Government of Karnataka, announced Hypergrowth Global Karnataka, a global late-stage scaling program at London Tech Week last evening. The initiative aims to propel the best Bengalur... |
26.06.2024 | Shah Rukh Khan: The star, the brand, the enigma We take a look at his achievement not only as the enigma he is as an actor but also as an entrepreneur who is investing in multiple sectors, endorsing m... | As the OG superstar of Bollywood Shah Rukh Khan has completed 32 years of his journey in the industry. We take a look at his achievement not only as the enigma he is as an actor but also as an entrepreneur who is investing in multiple secto... |
05.06.2024 | A realm full of opportunity and test Among the countries considered to be hotbeds for startups, India consistently makes the top ten; much of it has to do with the policy-making and cultural shifts th... | - |
29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
28.05.2024 | High vegetable prices raise the 'heat' in Lok Sabha election season | - |
27.05.2024 | Japan’s Eneos leads Zypp Electric’s Series C funding | (From left) Zypp Electric co-founders Tushar Mehta, Akash Gupta and Rashi Agarwal
Electric vehicle delivery app Zypp Electric Tuesday said it has raised $15 million (Rs 124.6 crore) as part of its Series C funding round, led by Japanese inv... |
29.04.2024 | E-commerce market to hit $325 billion by 2030, rural India to lead growth | - |
25.04.2024 | Vegetable prices show mixed trends in Delhi despite heatwave rise | - |
25.04.2024 | CCPA Asks Quick Commerce Players To Prove Their ’10 Minute’ Delivery Claims | SUMMARY
The Central Consumer Protection Authority (CCPA) has asked Blinkit, Swiggy Instamart, Zepto and Big Basket (BB Now) to prove their ‘10 minute’ delivery claims
These companies have been asked to share median data for delivery times a... |
17.04.2024 | Wider social security net on cards for unorganised sector workers | - |
03.04.2024 | Indian startups’ income from VC cash lying in bank deposits, mutual funds jumps again | India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through March 2023, albeit at a slower pace than before, according to a VCCircle study.
The study, which captured the fin... |
15.03.2024 | Swiggy merges premium grocery vertical InsanelyGood with Instamart | IPO-bound food and delivery major Swiggy has merged its premium grocery vertical InsanelyGood with its quick commerce vertical Instamart.
“We will have to pause InsanelyGood operations for some time. We will be available at an Instamart sto... |
11.03.2024 | Quick commerce is making fast inroads in India | Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of delivering items to customers in 10 to 20 minut... |
07.03.2024 | Large representation of Indian data differentiates us: Krutrim's Ravi Jain | Krutrim, an artificial intelligence (AI) venture co-founded by Bhavish Aggarwal of Ola, has entered the increasingly competitive AI race dominated by players such as Google, Microsoft, and OpenAI.
However, what sets the firm apart from thes... |
05.03.2024 | BigBasket eyes profitability in next 6-8 months, IPO in 2025: Hari Menon | Online grocery firm BigBasket is planning to come out with an initial public offering (IPO) in 2025 after turning profitable.
Part of Tata Digital, the firm will turn profitable in another 6-8 months once the newly-launched ‘BB Now’ vertica... |
10.01.2024 | Beauty ecommerce in India gets speedy makeover via quick commerce | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Samreen Ahmad · 10 Jan 2024 · 4 min readBeauty ecommerce in India gets speedy makeo... |
30.05.2023 | BigBasket Co-founder’s Startup LaundryMate Raises Rs 50 Cr Funding | New Age Consumer Services Pvt Ltd, which owns the online laundry services brand LaundryMate, has raised $6.25 million (Rs 50 crore) in a pre-Series A funding round.
The funding round saw participation from Blume Founders Fund, along with a ... |
29.05.2023 | Bigbasket cofounder’s LaundryMate raises $6.25 million in funding from Blume Founders Fund, others | ETtechLaundryMate founders (L-R): Tripat Preet Singh, Raghavendra Joshi, Uday Vijayan, Abhinay Choudhari, Asad Zaidi and Pushpendra Yadav
LaundryMate, an online laundry services startup founded by Bigbasket co-founder Abhinay Choudhary, sai... |
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The week in agrifoodtech: BigBasket bags $200m, Kodama’s forestry funding, more restaurant tech layoffs
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The week in agrifoodtech: BigBasket bags $200m, Kodama’s forestry funding, more restaurant tech layoffs
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26.12.2022 | Tata-owned BigBasket received $200 M funding, valued at 3.2 B | According to sources, BigBasket, an online supermarket with operations in India and controlled by the conglomerate Tata Sons, received $200 million at a valuation of $3.2 billion.
Economic Times was the first to report the news.
The e-groce... |
22.12.2022 | The week in agrifoodtech: BigBasket bags $200m, Kodama’s forestry funding, more restaurant tech layoffs | Amid a slew of smaller funding announcements, India-based eGrocer BigBasket secured a $200 million mega-round this week. In agtech, deals from Grow Indigo and others were all about insect farming, forestry and capturing more carbon. Foodtec... |
21.12.2022 | Exclusive | BigBasket raises $200 million from Tata Digital, others | ETtechHari Menon, CEO, BigBasket
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... |
21.12.2022 | Bigbasket may launch IPO by 2025 after $200 million funding: CFO Parekh | Tata Group’s Bigbasket may list its shares within three years after the latest capital raising valued India’s largest online grocer at $3.2 billion.
The profitable e-commerce firm, which is expanding its pan-India reach and generates about ... |
27.09.2022 | BigBasket Eyes To Raise $200 Mn At Valuation Of $3.5 Bn | |
27.09.2022 | BigBasket to raise $200 million at a valuation of $3.5 billion: Report | Tata Digital-owned grocery firm BigBasket will soon raise $200 million at a valuation of $3-$3.5 million. The financing in the round is likely to come from Tata Digital and other shareholders, a report in Economic Times (ET) said. However, ... |
27.09.2022 | BigBasket looks to raise $200 mn at up to $3.5 bn valuation | Credit: Thinkstock
Tata Group-backed BigBasket has initiated a fresh round of funding that could value the online grocery startup at around $3.5 bln, The Economic Times newspaper reported on Tuesday, citing sources.
Tata Digital Ltd, a unit... |
28.06.2022 | BigBasket Backer Panthera Growth Partners Announces First Close Of $250 Mn Second Fund | Panthera will write cheques of approximately $20 Mn for 10-12 Indian and Southeast Asian startups
Its existing portfolio from Fund I includes Antuit AI, BigBasket, Markets and Markets, OfBusiness, FreshMenu, Pepperfry, Zivame and Medgenome
... |
02.06.2022 | BigBasket gets Rs 350 crore from its holding company as competition intensifies | Last month, BigBasket had raised Rs 1,000 crore from its holding company. (File Image)
Innovative Retail Concepts owned by Tata, which runs online grocery platform BigBasket, has received a capital infusion of Rs 350 crore from holding comp... |
02.06.2022 | BigBasket raises Rs 350 cr from holding firm as it takes on competitors | Innovative Retail Concepts, which runs online grocer BigBasket, has received Rs 350 crore from holding company Supermarket Grocery Supplies, according to regulatory documents sourced from business intelligence platform Tofler.
The investmen... |
02.06.2022 | BigBasket gets another Rs 350 cr from holding company | ETtech
Bengaluru: Tata Digital-owned Innovative Retail Concepts, which runs online grocery platform BigBasket, has received Rs 350 crore from holding company Supermarket Grocery Supplies, regulatory filings sourced from business intelligenc... |
21.04.2022 | 🇮🇳 Roundup: BigBasket ramps up quick-commerce offering | EcommerceNewsStartups
Miguel Cordon · 21 Apr 2022 · 1 min read🇮🇳 Roundup: BigBasket ramps up quick-commerce offering
Startups in India, including Newton School, Mylo, Nat Habit, and DCGpac, raised at least US$47.5 million in disclosed fundi... |
14.04.2022 | The Week in Agrifoodtech: eGrocer BigBasket bags $131m, Choco lands $111m to fight food waste | This week, India’s BigBasket raised more than $100 million for online grocery delivery, as did Germany’s Choco to curb food waste by connecting restaurants to suppliers. New Zealand’s Leaft closed funding to make alt-protein from leaves. In... |
13.04.2022 | BigBasket gets Rs 1,000 crore investment from its holding company | Bengaluru: Tata-owned Innovative Retail Concepts, which runs online grocery platform BigBasket, has received a capital infusion of Rs 1,000 crore from holding company Supermarket Grocery Supplies, regulatory filings sourced from business in... |
13.04.2022 | Tata-Owned Grocery Unicorn BigBasket Gets Fresh Infusion Of INR 1,000 Cr | Innovative Retail Concepts, the Tata-owned entity which runs the grocery unicorn BigBasket, has received a capital infusion of INR 1,000 Cr ($131 Mn) from its holding company, Supermarket Grocery Supplies, as per its regulatory filings.
The... |
12.04.2022 | Indian e-grocer BigBasket scoops up $131m in fresh funds | EcommerceInvestmentsNewsStartups
Samreen Ahmad · 13h ago · 1 min readIndian e-grocer BigBasket scoops up $131m in fresh funds
Innovative Retail Concepts, the Tata Group-owned company that runs online grocery startup BigBasket, has received ... |
23.03.2022 | 🇮🇳 Roundup: OfBusiness’ lending arm raises $200m, turns unicorn | InvestmentsNewsStartups
Samreen Ahmad · 1d ago · 1 min read🇮🇳 Roundup: OfBusiness’ lending arm raises $200m, turns unicorn
Startups in India, including Oxyzo Financial Services, Stanza Living, Plum, Credilio, and iSprout, raised at least US... |
13.01.2022 | The Week in Agrifoodtech: Remilk raises $120m; ‘world’s first plant-based salmon fillet’ unveiled | There were multiple fundings above or near the $100 million mark this week in agrifoodtech, led by Estonian ride-hailing and food delivery app Bolt with its $709 million round.
Elsewhere, alt-dairy startup ReMilk raised $120 million, while ... |
02.12.2021 | The Week in Agrifoodtech: Mr Yum, FJDynamics & Back to the Roots bag big fundings | This week, Aussie startup Mr Yum, which makes QR code-based ordering and payments software for hospitality companies, raised one of the Lucky Country’s biggest Series A rounds ever; while farm robotics company FJDynamics scored big money fr... |
18.11.2021 | Indian Oat Milk Market Expected To Present Ample Growth Opportunities | According to a recent analysis by Reports and Data, the global oat milk market generated USD 3.68 billion in 2019 and is expected to reach USD 6.47 billion by 2027. However, the market for oat products in India is rarely discussed. Here we ... |
24.12.2020 | 5 trends that shaped agrifoodtech in 2020 | 2020 has been a year like no other in living memory for the vast majority of us. The Covid-19 pandemic, which began in China at the tail end of last year and gradually engulfed to entire world by the second quarter of this one, has brought ... |
03.11.2020 | Ocado spends $287m in retail robotics double-swoop | UK e-grocer and retail tech firm Ocado has bullishly revved up its quarterly profit forecasts and unveiled two acquisitions aimed at strengthening its showing in robotics.
The Hertfordshire company says it is buying San Francisco-based Kind... |
28.10.2020 | FreshToHome banks $121m in India’s ‘largest ever Series C funding for consumer tech’ | Indian e-grocer FreshToHome has raised $121 million in a Series C round led by UAE sovereign fund, the Investment Corporation of Dubai. The startup said the deal is the biggest fundraise at this stage for an Indian consumer tech company to ... |
16.10.2020 | Zomato looks to boost balance sheet, plug China gap in advance of IPO with $52m funding | Indian food delivery unicorn Zomato has reportedly raised $52 million in funding from US-based, emerging market-focused firm Kora Investments.
The app — which allows Indians to order meals from local restaurants and have them delivered — ha... |
13.10.2020 | Walmart, Flipkart invest $30m in Indian farmer-to-business platform Ninjacart | India’s Ninjacart has announced a fresh injection of funding from US retail behemoth Walmart and and Indian e-commerce firm Flipkart.
While Ninjacart didn’t disclose financial details of the investment, the Economic Times reported it to be ... |
02.09.2020 | Google leads $28m Dunzo funding as Indian food e-commerce receives pandemic pickup | Investors are pouring more dollars into Indian food e-commerce as the industry continues to see heightened demand amid the country’s continuing Covid-19 crisis.
Bengaluru-based Dunzo has just raised $28 million in the first tranche of a new... |