bigbasket

bigbasket is an Indian online grocery delivery service.[3] The company primarily delivers grocery goods found in convenience stores, home essentials and food supplies to its customers. bigBasket was founded in December 2011 and has its headquarters in Bangalore, India.[4][5]

Innovative Retail Concepts Private Limited
bigbasket
Private
IndustryRetail
Founded2011
Founders
  • Hari Menon
  • V.S. Sudhakar
  • Vipul Parekh
  • Abhinay Choudhari
  • V.S. Ramesh
Headquarters
Bangalore
Area served
India
ServicesGrocery Delivery
ParentSupermarket Grocery Supplies Pvt Ltd
Websitewww.bigbasket.com
Footnotes / references
[1][2]

History

bigbasket company was founded by V S Sudhakar, Hari Menon, Vipul Parekh, Abhinay Choudhari and V S Ramesh in 2011. Initially, in 1999, they started India's first e-commerce site FabMart and then went on to establish Fabmall-Trinethra chain of more than 200 grocery supermarket stores in southern India, the business was later sold to Aditya Birla Group. It is popularly known as 'More' retail chain.[6] In 2011 they launched bigbasket online grocery delivery service. On August 9, 2019, bigbasket partnered with a non-profit organisation Goonj and through their Rahat flood programme provided relief materials to people who were affected during the Kerala Flood.[7]

bigbasket currently operates in 30 cities namely Hyderabad, Mumbai,Kochi, Pune, Chennai, Delhi, Noida, Mysore, Coimbatore, Vijayawada-Guntur, Kolkata, Ahmedabad-Gandhinagar, Lucknow-Kanpur, Gurgaon, Vadodara, Visakhapatnam, Surat, Nagpur, Patna, Indore, and Chandigarh Tricity city limits.[8][9]

In March 2020, they acquired micro-delivery firm, DailyNinja.[10][11]

Description

Customers use a mobile application to order groceries online, bigbasket employees then secure the items from their warehouse and deliver the items to the consumer. bigBasket has partnered with Bayer CropScience project which has over 8000 local farmers across India that help harvest crops and processed at their collection centers.[12] In December 2018, bigbasket launched bbdaily service to deliver milk to its customers. In June 2018, they launched bb Instant.[13][14] During the Coronavirus pandemic in 2020, bigBasket along with Grofers and Amazon India was among the few online grocery platforms that continued to operate in India.[15][16]

Partnership

In April 2020, they partnered with American firm Uber and Indian company Rapido to deliver the essential item to people.[17][18]

Reference
  1. "Terms and Conditions". bigbasket.com. Retrieved 8 July 2020.
  2. Saritha Rai. "How Bigbasket founders, a squad of dotcom survivors, are battling Jeff Bezos in India". Livemint. Retrieved 8 July 2020.
  3. Kar, Sanghamitra; Shrivastava, Aditi (2020-06-02). "BigBasket, Grofers, other e-grocery firms see rise in non-metro users". The Economic Times. Retrieved 2020-06-02.
  4. Bureau, Our (21 April 2020). "Covid-19 lockdown: Bigbasket starts to raise funds". @businessline. Hindubusiness.
  5. Chakravarti, Ankita. "Coronavirus: Flipkart to resume grocery delivery, BigBasket too coming online, 10 key updates about food and online delivery". India Today (march 26 2020). India today.
  6. "Startup story: How a bunch of dotcom bust survivors built BigBasket". Hindustan Times. 2018-03-20. Retrieved 2020-06-02.
  7. Andreasen, Alan R. Strategic Marketing For Nonprofit Organizations, 7e. Pearson. pp. 274, 275. ISBN 978-93-534-3503-5. Retrieved 26 May 2020.
  8. Alawadhi, Neha (2 April 2020). "Covid-19 lockdown: Uber, BigBasket partner for essential service delivery". Business Standard India. Businessstandard.
  9. Peermohamed, Alnoor (2020-05-22). "BigBasket, Grofers, others may clock $3 billion sales". The Economic Times. Retrieved 2020-06-02.
  10. Shrivastava, Aditi. "BigBasket buys micro delivery startup DailyNinja - ETtech" (24 March 2020). Economic times. Retrieved 5 May 2020.
  11. Bansal, Varsha (19 October 2018). "BigBasket completes three acquisitions". The Economic Times. Retrieved 5 May 2020.
  12. "Bayer CropScience's hi-tech farming project to help 2.5 million smallholder farmers". www.businesstoday.in. Retrieved 2020-06-02.
  13. Bansal, Varsha (20 June 2018). "BigBasket in talks to acquire a majority stake in Kwik24". Economic times.
  14. Bansal, Varsha (2018-10-20). "Soon, BigBasket will deliver milk as well". The Economic Times. Retrieved 2020-06-02.
  15. Peermohamed, Alnoor (22 April 2020). "E-grocers like BigBasket, Grofers , others surge ahead on deliveries". The Economic Times. Economic times.
  16. Mansoor Ali, Darab. "Uber, BigBasket Launch Delivery Service for Essentials During Lockdown". NDTV Gadgets 360 (3 April 2020). NDTV.
  17. Nandy, Madhurima (2 April 2020). "Uber partners with Bigbasket to deliver essentials to customers". Livemint. Retrieved 5 May 2020.
  18. Mahadevan, S. "Rapido partners with Big Bazaar" (8 April 2020). The news minute.
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