Indian grocery giant BigBasket eyes IPO in 2 years as business booms

Indian grocery giant BigBasket eyes IPO in 2 years as business booms

India’s BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones. The company is on track to double its business year-on-year by March 2026 and expand to … Read more

Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading the delivery menu?

Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading the delivery menu?

Zomato has had a tough start to 2025, with its stock dropping nearly 30% from its 52-week high, reducing its one-year return to 60% following disappointing quarterly results. A standout performer in 2024, the company is now under scrutiny as investors reassess its valuation, growth strategy, and the sustainability of its earnings. For those who … Read more

Akshaya Tritiya 2024: Quick commerce platforms report a busy day, say 500% surge in sales of gold, silver coins

Akshaya Tritiya 2024: Quick commerce platforms report a busy day, say 500% surge in sales of gold, silver coins

Blinkit, Swiggy Instamart, Bigbasket, and Zepto had a field day on Akshaya Tritya, thanks to their offer to deliver gold and silver coins in just 10 minutes. To mark the auspicious occasion of Akshaya Tritya and offer gold and silver coins on the doorsteps of the customers, Bigbasket partnered with Tanishq and MMTC-PAMP. Similarly, Swiggy Instamart … Read more