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Hari Menon

Big Basket aims to turn profitable in 8 months; eyeing IPO in 2025

The business requires capital for ongoing investments which be raised from the Tata Group in the run-up to the IPONew Delhi: The Tata group-owned online grocer Big Basket is eyeing to come out with an initial public offering in 2025...

Phygital Retail Convention: The Masterplan Of Retail Transformation

During the pandemic and its accompanying uncertainty, business leaders have had to face multiple dilemmas - because their future decisions will impact not only their survival, but also of the hundreds and thousands employed by them. However, this is not...

Online grocery to become $18 bn industry in India by 2024: Report

As companies from Reliance to Amazon put their top dollar in serving daily grocery at your doorstep, a new report said on Friday that online grocery is going to be the next battleground for growth, expanding to over US$...

Post COVID-19, HUL's Shikhar app gets 2x order value, BigBasket 3x: JP Morgan report

A new JP Morgan report has cited Sanjiv Mehta, Chief of Hindustan Unilever and Hari Menon, Co-founder & CEO, BigBasket, saying that COVID-19 has caused unparalleled disruption in the India story of online grocery penetration. Forced consumer trials, leading...

E-grocer bigbasket buys milk delivery app DailyNinja

E-grocer bigbasket bought online milk delivery app DailyNinja, an official said on Tuesday. "We are pleased to be a part of bigbasket, this is a great outcome for all of our team members, shareholders and us founders," said Sagar Yarnalkar,...

India’s online packaged food, beverages, personal care and home utilities consumer goods compendium

RedSeer Consulting, a leading consulting firm across digital internet eco-system, and bigbasket, India’s largest online groceries platform, partner to bring you India’s first compendium for online food and grocery…RedSeer Consulting & bigbasket, have come out with a first of...

BigBasket gets Rs 100 cr venture debt from Trifecta Capital

Trifecta Capital on Monday said it has provided Rs 100 crore in venture debt to SuperMarket Grocery Supplies, the parent of online food and grocery delivery startup BigBasket.“This is the largest venture debt transaction in the country…The funds will...

How to innovate to make your brand a big hit

The food and beverage industry in India is currently on the verge of momentous trends that are both transformative and disruptive. The most pronounced of these trends is buoyant growth of the consumer packaged goods (CPG) industry over the...

BigBasket eyes 40 pc revenue from private labels next fiscal

Chinese retail giant Alibaba-backed online grocery player BigBasket that aims to be a billion-dollar company by the next fiscal year, is expecting 40 percent of its projected revenue to come in from its private labels, a top company official...

Bigbasket eyes US$ 200 million in fresh funding

After successfully raising US$ 300 million from Alibaba Group earlier this year, online grocery store Bigbasket now aims to raise up to US$ 200 million over the next few months, a top company official said.According to a PTI report:...
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Honasa Consumer posts Q4 profit at Rs 30.47 cr, sales up 21.5% at Rs 471 cr

Its revenue from operations grew 21.46% to Rs 471.09 crore in the fourth quarter of this fiscal. It was...
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