bigbasket Archives - nextbigwhat

BigBasket Raises $150 Million Led By UAE’s Abraaj Group

BigBasket has raised $150 million led by UAE’s Abraaj Group. Existing investors including Bessemer Venture Partners, Helion Advisors, International Finance Corp and Sands Capital also participated in the round. The raised funds will be used for expansion.

Tech

#IndianStartupData : BigBasket Revenue At INR 178 crores in FY 14-15; Losses at INR 61 crores

BigBasket spent INR 22 crores on advertising and promotional expenses in FY 14-15 which was a 420% increase over the previous fiscal.

Big Basket Launches HappyChef, Ready to Cook Meals !

Big Basket has launched Happy Chef. Big Basket will now deliver you gourmet recipes and ingredients with cooking instructions. This competes directly with InnerChef, a startup GSF’s Rajesh Sawhney.

BigBasket Acquires Delyver; Adopts New Logistics Model To Enter Tier II Cities

The company will setup 10 small warehouses in each of the large cities it is present in, and one each in the 50 Tier II cities it plans to enter. These dark houses will help the company also serve hyperlocal demand and fend of rivals such as Grofers and PepperTap. BigBasket will enter Mysore, Coimbatore, Madurai, Trichy, Vijayawada and Visakhapatnam as soon as next week.

Tech

Godrej Nature’s Basket Acquires Online Grocery Store, Ekstop

Competition BigBasket recently raised $32mn.

Digital Marketing Trends in India : A Recap Of 2014 [Fear of Panda, Local And ASO]

Here is a quick recap of high impact changes in digital marketing for the year 2014 specific to India and its influence on businesses.

Tech

Reliance Ventures Into Grocery eCommerce. Can They Deliver?

India is the sixth largest grocery market worldwide and a lot of new firms have launched online portal to tap into this segment.

Tech

Will Digital Payments Solve India’s Black Money Woes?

Rs 50,000 crs to move from cash transactions to digital payments led by Indian tech startups

Tech

Challenges for Justdial = Opportunities For Entrepreneurs!

Looking for an idea in consumer Internet business in India?

Tech

BigBasket Secures $32mn Funding From Helion and Zodius

BigBasket currently clocks 5,000 orders per day and this funding comes at a time when Reliance has announced plans to enter online grocery space.

Tech

E-Commerce Firm Tradus Launches Hyperlocal Grocery Service; What Works And What Doesn’t

Tradus has just added Grocery to their ecommerce offering. And with this, gone deeper into hyperlocal – a huge but underserved opportunity in ecommerce.

Indian Startups

Too Many Complaints About Your IVR Customer Support? Breeze App Might Have a Solution

Breeze is a free Android App that will help users interact with IVR systems easily. The app will allow users to ‘browse’ IVR options instead of listening to them.

Tech

Electronic Payments 2.0: The Second Coming of Mobile Payments Startups

A new league startups are trying to make mobile payments easier in India, a country where there are more than 886 million mobile subscribers.

Tech

The Best of SMEthing, Where Startups & SMEs Meet Great Service Providers

Here are a few useful service providers that have listed on SMEthing, our online marketplace for buyers & service providers.

Online Supermarket LocalBanya Raises Series A Funding

Mumbai based online supermarket LocalBanya has raised Series A funding from Mumbai based realty development group Karmvir Avant Group. The amount of investment made was not disclosed. LocalBanya was started…