Synopsis
According to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few months at BigBasket, as Tata Group gets ready to launch its much-anticipated super app.
BB Daily, BigBasket s subscription-based morning essentials delivery business, is on the path to becoming “the most profitable” business for the company, cofounder Hari Menon says.
Bengaluru | Mumbai:BigBasket will launch express deliveries, a segment the online grocery platform has previously experimented with but pulled back from, cofounders Hari Menon and Vipul Parekh said.
Over the next two-three months BigBasket, where Tata Digitalacquired a majority stake recently, plans to introduce the quick-delivery service, a category which is hotting up with well-capitalised companies like
Grofers, Zomato and the big online grocery battle
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Grofers is the latest beneficiary of the boom in
online grocery deliveries. The company is set to become the latest Indian startup unicorn after raising $120 million from
Zomato and
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E-grocery sweepstake
E-grocer Grofers has signed a deal with Zomato and Tiger Global to raise $120 million, sources have told us. We were the first to report on May 7 that Zomato was in talks to invest $100 million in Grofers at a $1-billion valuation.