Tata Group-owned BigBasket's B2B arm Supermarket Grocery Supplies Pvt Ltd's losses widened 21 per cent to Rs 215.2 crore in FY23, the media reported on Wednesday.The unit registered a turnover of Rs 2,261.3 crore for the fiscal year, The .
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Bigbasket B2c Arm Losses: The continued losses for the nearly 13-year-old firm come as it faces intensified competition in both grocery delivery as well as relatively new verticals like quick commerce.
The Market is Fuelled by Rising Internet Usage and Explosion of Digital Payments; India Online Grocery Market is to Register a 32.7% of CAGR Through 2032