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BigBasket B2B Arm's Net Loss Jumps 71% YoY To INR 1,785.4 Cr In FY23

Operating revenue of BigBasket’s B2B entity Supermarket Grocery Supplies Private Ltd increased 11.4% YoY to INR 9,468.5 Cr in FY23 ....

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Tata-owned BigBasket Eyes IPO by 2025 Following $200M Fundraising

The Tata BigBasket platform does not rule out an IPO in three years but currently looks to expand local reach. ....

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BigBasket B2B Arm's Loss Narrows 57% To INR 177.9 Cr In FY22

The operating revenue of Supermarket Grocery Supplies, the B2B arm and holding company of BigBasket, surged 39% to INR 1,707.2 Cr ....

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Tata Digital acquires majority stake in BigBasket- Business News

While Tata Digital did not disclose the details, regulatory filings show that it has acquired 64 per cent stake in Supermarket Grocery Supplies, the online grocer s business-to-business entity ....

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Tata Sons Acquires Majority Stake In Alibaba-backed online grocery seller BigBasket

The stake buy will place Tata Group in direct race with Amazon, Flipkart, JioMart and Grofers
Tata Sons, through its wholly owned subsidiary Tata Digital, has acquired a majority stake in the Alibaba-backed online grocery seller BigBasket (Supermarket Grocery Supplies Private Limited). E-grocery has been one of the fastest growing segments in the consumer e-commerce space and the deal comes at a time when the Covid-19 pandemic and resultant lockdowns have spurred a big shift to online shopping, especially for food and groceries.
The stake buy in Bigbasket will place Tata Group in direct race with Amazon, Flipkart, JioMart and SoftBank-backed Grofers, which have been hitherto dominating the e-commerce space in the country. ....

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