BigBasket Stock

bigbasket.comFood DeliveryFounded: 2011Funding to Date: $708.24MM

bigbasket.com is the developer and operator of an online supermarket in India that offers a variety of products across various categories: fresh fruits and vegetables, grocery and staples, beverages, bread, dairy and egg products, branded foods, meat, personal care and household products.

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Team

Management Team

Sudhakar Menon
Co-Founder
Hari Menon
Co-Founder & Chief Executive Officer
Vipul Parekh
Chief Financial Officer & Co-Founder
VS Ramesh
Co-Founder & Chief Projects Officer
Abhinay Choudhari
Co-Founder & Head of New Initiatives

Board Members

Asanka Rodrigo
Hari Menon
Raghav Bahl
Bessemer Venture Partners
Raja Kumar
Ascent Capital
Sanjeev Aggarwal
Helion Venture Partners
Ting Hong Kenny Ho
Vishal Gupta
Bessemer Venture Partners

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News

Tata might have spent about $1 billion on BigBasket, according to Indian media. The Alibaba-backed startup is potentially the most important feature in the group’s yet to be launched all-in-one app that aims to replicate the reach of Asian giants like Tencent-owned WeChat or Singapore’s Grab.
Tata Sons (TATAS.UL) has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon.com Inc (AMZN.O), Walmart's (WMT.N) Flipkart and Reliance Industries (RELI.NS).
Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket. The salt-to-software giant is buying over 60% stake in BigBasket, valuing the Indian startup between $1.8 billion to $2 billion.