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1. www.business-standard.com › companies › newsBigBasket and Tata 1mg opt for debt over equity for expansion ...

   www.business-standard.com › companies › news

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   1 day ago · Meanwhile, BigBasket, the group’s e-grocery platform, plans to raise $80-100 million through a mix of equity and debt. The decision follows a directive from Tata Sons to increase reliance on debt capital for expansion and comes as Tata Sons temporarily halts funding for its e-commerce ventures.

2. economictimes.indiatimes.com › tech › technologyTata funds pause is no 'debt-errent' at 1mg, BigBasket

   economictimes.indiatimes.com › tech › technology

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   1 day ago · Synopsis. BigBasket and 1mg–two of the biggest digital assets of Tata group–are choosing debt over equity for expansion in a critical year for them. As Tata Sons hits a pause on funding its ecommerce business, the two platforms are opting for debt for capex this financial year. ETtech. BigBasket CEO Hari Menon (left) and 1mg CEO Prashant ...

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4. business.outlookindia.com › corporate › bigbasketBigBasket Seeks $80-100 Million Funding to Drive Business ...

   business.outlookindia.com › corporate › bigbasket

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   2 days ago · BigBasket, the e-grocer owned by the Tata Group, plans to raise $80-100 million in debt and equity, as per a report by the Economic Times. Speaking to the Economic Times, a source said, “Since both 1mg and BigBasket have significant investment plans this year, the best instrument for capex is debt without diluting equity.”

5. www.livemint.com › companies › newsBigbasket eyes quick commerce for electronics with Croma tie ...

   www.livemint.com › companies › news

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   Jun 6, 2024 · BigBasket, which views its quick-commerce arm as a “marketing channel," is looking to become profitable by achieving two key metrics: revenue per dark store and average order value.

6. play.google.com › store › appsbbsaathi - B2B Shopping - Apps on Google Play

   play.google.com › store › apps

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   Jun 12, 2024 · Whether you're a Kirana, pharmacy, restaurant owner, caterer, hotel or even a large business, we have designed this app to streamline your purchasing process and enhance your business efficiency....

   • Category: Shopping

   • Developer: Bigbasket.com

7. www.cnbctv18.com › business › companiesBigbasket's electric delivery fleet saves equivalent of 5 ...

   www.cnbctv18.com › business › companies

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   Jun 6, 2024 · Bigbasket, a leading online grocery platform, has unveiled its remarkable strides in sustainability with the release of its 2023 sustainability report. Highlighting the company's commitment to environmental responsibility amidst India's burgeoning economy and escalating tech consumption, the report showcases significant achievements across six ...

8. thecsruniverse.com › articles › bigbasketBigbasket Sustainability Report 2023: 10,429 tonnes of CO2 ...

   thecsruniverse.com › articles › bigbasket

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   Jun 7, 2024 · Online grocery market bigbasket has released its 2023 Sustainability Report, highlighting the company’s significant strides in six key impact areas: electric delivery vehicles, solar power generation, support for organic farmers, waste management, diversity and inclusion, and corporate social responsibility.

9. People also ask

   Who owns bigbasket?

   • BigBasket was founded in 2011. Ten years later, Tata Digital Ltd, a unit of Tata Sons, acquired a majority stake in the company. But BigBasket continues to operate as an independent entity. You are on Mint! India's #1 news destination (Source: Press Gazette).

   Bigbasket eyes quick commerce for electronics with Croma tie-up

   www.livemint.com/companies/news/bigbasket-croma-hari-menon-for-quick-commerce-deliveries-11717663752688.html

   See all results for this question

   Will bigbasket raise $80-100 million?

   • Meanwhile, BigBasket, the group’s e-grocery platform, plans to raise $80-100 million through a mix of equity and debt. The decision follows a directive from Tata Sons to increase reliance on debt capital for expansion and comes as Tata Sons temporarily halts funding for its e-commerce ventures.

   BigBasket and Tata 1mg opt for debt over equity for expansion in FY25

   www.business-standard.com/companies/news/bigbasket-and-tata-1mg-opt-for-debt-over-equity-for-expansion-in-fy25-124062700302_1.html

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   What's going on with bigbasket & 1mg?

   • Both BigBasket and 1mg still see over 90% of their sales through their own platforms, as a streamlined consumer experience remains work in progress at Neu. Tata Digital has been trying to integrate group assets such as Croma, Cliq and Cliq Luxury, airline bookings and hotel reservations on the superapp.

   Tata funds pause is no 'debt-errent' at 1mg, BigBasket

   economictimes.indiatimes.com/tech/technology/tata-funds-pause-is-no-debt-errent-at-1mg-bigbasket/articleshow/111294510.cms

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   How sustainable is bigbasket?

   • The report showcases impressive figures: 10,429 tonnes of CO2 emissions avoided, 6,491 electric vehicles utilised, and over 100 tonnes of waste recycled monthly. Bigbasket, a leading online grocery platform, has unveiled its remarkable strides in sustainability with the release of its 2023 sustainability report.

   Bigbasket's electric delivery fleet saves equivalent of 5 lakh trees in CO…

   www.cnbctv18.com/business/companies/bigbasket-electric-delivery-fleet-saves-equivalent-of-5-lakh-trees-in-co2-emissions-19424833.htm

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   Is bigbasket a'marketing channel'?

   • BigBasket, which views its quick-commerce arm as a “marketing channel," is looking to become profitable by achieving two key metrics: revenue per dark store and average order value. Also Read: The rise of quick commerce has left us with a bagful of questions

   Bigbasket eyes quick commerce for electronics with Croma tie-up

   www.livemint.com/companies/news/bigbasket-croma-hari-menon-for-quick-commerce-deliveries-11717663752688.html

   See all results for this question

   Is bigbasket a viable business?

   • "This business is here to stay. Companies, including Bigbasket, have proven that it is commercially viable, and businesses have scaled really fast. Going forward, you'll see significant investments in the sector," Menon said.

   Bigbasket eyes quick commerce for electronics with Croma tie-up

   www.livemint.com/companies/news/bigbasket-croma-hari-menon-for-quick-commerce-deliveries-11717663752688.html

   See all results for this question