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Alibaba seeks CCI approval to buy stake in BigBasket

Chinese e-commerce major Alibaba has sought approval of the Competition Commission of India (CCI) for acquiring stake in online grocery platform, BigBasket. According to a PTI report: "The proposed combination relates to the acquisition and purchase of shares of Supermarket...

Flipkart tests online grocery service Supermart with soft launch in Bangalore

In what can be seen as a step up in its game against Amazon, homegrown online retailer Flipkart on Monday rolled out its online grocery service, Supermart, on its mobile application to a selected set of customers in Bengaluru. Interestingly, the...

Nestle launches KitKat Dessert Delight on Bigbasket

FMCG major Nestle announced the launch of its KitKat Dessert Delight on popular online food and grocery store Bigbasket, thus, extending its presence online. "We recognize that e-commerce would be a key channel for FMCG players in future. To drive...

From Traditional to Global: Gourmet grocery giants of India

Sales of gourmet and international foods – marked by unique and exciting flavour profiles, high-quality formulations and beautiful packaging – are soaring in India. The category has been growing at a steady healthy clip of 20 per cent CAGR...

Grofers gets DIPP approval for online trading of food products

Online grocery firm Grofers has received Government nod for retailing food products in India and will invest US $40 million to expand operations in the country. Grofers was the first company to seek in August last year approval under the...

Paytm may join forces with Alibaba to invest US $200 mn in BigBasket

Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI. According to a PTI report: The companies...

Printing MRP, other details mandatory for e-commerce companies from January 2018

To protect online consumers, the Government has made it mandatory for e-commerce companies from January 2018 to print not only the MRP on goods but also information like expiry date and customer care details. According to a PTI report: An...

Bigbasket announces a record customer base of 5 million

Bigbasket, one of India's largest online supermarkets - with a presence in over 26 cities in India - has successfully crossed the 5 million customers mark. The company offers convenient, one-stop online shopping for high quality fresh products at competitive prices...

Bigbasket ties up with Bengal Chemicals

Bengal Chemicals & Pharmaceuticals Ltd (BCPL) has tied up with leading online grocery store Big Basket to sell its home products for the Kolkata market, a company official said on Saturday. The state-run company is also in the process of...

Bigbasket expects to generate Rs 500 crore revenue from HoReCa segment

Online grocery retailer Bigbasket plans to generate Rs 500 crore revenue by the end of financial year 2018 through its recently launched HoReCa (Hotel, Restaurant and Catering) segment, the company said in a statement. The retailer clocked an annualised turnover...
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Mango launches Barcelona-inspired Summer collection on Myntra

Mango, Europe’s leading fashion brand is known for its design, creativity, sustainability and technology New Delhi: Global fashion retailer Mango...
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