Due to fierce competition in the market, BigBasket, a fast commerce platform supported by Tata Digital, witnessed a decline in yearly income in the fiscal year that ended in March 2025. BigBasket's B2C division, Innovative Retail Concepts, had a 3% decline in turnover from INR 7,885 Cr
bigbasket, a TATA Enterprise, has named Manish Bajoria as its new CFO. He will lead financial strategy as bigbasket scales operations across India, focusing on efficiency, governance, and long-term value creation.
According to media reports, the salt-to-software conglomerate Tata Sons only intends to invest in its digital division, Tata Digital, by the middle of 2025. To advance its growth portfolio until then, Tata Digital will need to rely on loan financing and internal resources. A media report claims that this choice
📄Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. Online grocery shopping is fast gaining popularity among Indians. According to a Redseer report, India's online grocery retail market is all set to touch $10.5 billion by 2023. A company that
Only two states, West Bengal and Odisha, allow alcohol home delivery, but media sources say six states may launch a pilot project after assessing it. According to reports, Swiggy, BigBasket, Blinkit, and Zomato may soon deliver beer, wine, and liqueurs. Industry executives informed the media that New Delhi, Karnataka, Haryana,
🔍Insights
India's leading digital commerce entity Flipkart is working to venture into the fast-paced world of quick commerce to meet the burgeoning demand for rapid delivery of everyday essentials. Flipkart has recently unveiled its latest initiative of same-day delivery service now available in 20 major Indian cities. This strategic
Collections 🗒️
The mindset of the people has changed from, over the decade, as now people want to be the boss of their own and don't want to restrict themselves in the walls of 9-to-5 jobs. This decade brought a hit of entrepreneurs and their startups with amazing ideas and
Collections 🗒️
Gig employment has revolutionized the Indian economy in recent years, providing a large number of jobs for the population and adding to the country's GDP in the long run. It is getting so popular that people are actively choosing gig work over regular work due to the convenience
Collections 🗒️
In April 2020, Reliance Industries Ltd launched JioMart, an e-commerce website on the Jio platform. JioMart is an online grocery shop that delivers 50,000+ grocery items at a discount to your home via a fast delivery system. It is based on a demand-driven model. The website began operations in
Collections 🗒️
Indians are fixated on the startup culture. People are choosing entrepreneurship over mundane, 9-to-5 jobs. However, not everyone succeeds as an entrepreneur. A survey revealed that approximately 11% of the Indians are engaged in 'early-stage entrepreneurial activities'. And only 5% of these early-stage entrepreneurs actually went on to
Collections 🗒️
To build a startup, one needs more than talent, perseverance, and desire. On that list of necessities, funds take the number one spot. For any kind of startup, getting funds is definitely not a piece of cake. Trifecta Capital with its existence makes acquiring funds a little bit easier for
News 📰
TATA Group has been looking to acquire the grocery delivery startup Bigbasket. The company has received approval from The Competition Commission of India (CCI) to acquire the unicorn grocery delivery startup of India. Let’s look at how TATA will soon compete with Jiomart and the further details of the
👨💻StartupTalkers
The Indian startup ecosystem is well known for its versatility, thereby home to some of the best companies in the world across industries. Starting from OLA, which ruled the transportation sector, Zomato [https://startuptalky.com/tag/zomato/] which ensures that you don’t work with an empty tummy, to OYO
Collections 🗒️
With the tension escalating at the Indo-China border, the Chinese-funded companies in India are currently at risk. The people of India are now boycotting Chinese manufacturers and organizations that sell their products in India. As a result, Indian startups funded by Chinese investors are also facing severe backlash. Among India&
🔍Insights
In the year 2019, Reliance Industries launched their own online groceries ordering website called JioMart, this was meant to be an alternative for the other grocery websites like BigBasket which is a well-established company in the market for the last few years. BigBasket has the experience and expertise of almost
data breach
Online grocery store BigBasket has faced a massive data breach recently as the company had allegedly leaked the data of over two crore users on the dark web. BigBasket, funded by Alibaba Group [https://startuptalky.com/jack-ma-alibaba/], Mirae Asset-Naver Asia Growth Fund, and CDC group has filed a complaint in
FDI
The government of India brought in a lot of changes in the FDI norms. This was done keeping in mind the nation's condition amidst the global pandemic. The main aim was to prevent foreign companies from opportunistic take overs of Indian firms. The recent investments made their point
🔍Insights
The world is suffering from a pandemic caused by an extremely contagious virus- COVID-19. Its been almost six months, and yet things do not look to go back to “normal”. But the lives keep moving. The fast-growing changes in lifestyles have brought a drastic change in the marketing scenario and
news
The lockdown due to the Coronavirus Pandemic (COVID-19) affected the Indian economy in a bad way. The Indian economy came to a standstill ever since the lockdown has been imposed. Most of the industries except those which manufacture essential day-to-day products such as food products, medicines, etc. were allowed to
food startups
The Coronavirus or COVID-19 which started last year in December in Wuhan, China has impacted the global economy and no industry sector has remained immune to it. All businesses, startups and industries across the globe are coming up with safety measures to deal with the virus like asking employees to