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The Latest Breaking News from BigBasket

BigBasket’s profitability plan; UnifyApps eyes $100 million funding

Happy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce race. This and more in today’s ETech Morning Dispatch.

The Economic Times

'I was in denial with the idea of quick commerce’: BigBasket founder Hari Menon

BigBasket founder Hari Menon is stepping down as CEO after 15 years, reflecting on the company's evolution from scheduled deliveries to embracing quick commerce. Initially skeptical, Menon witnessed rapid consumer adoption of 10-minute grocery services, a shift that reshaped the market. He passes the leadership baton to Amit Nanda, aiming…

The Economic Times

The operations network behind Amazon's play to become India's everyday store

Amazon is reshaping India's quick-commerce sector through significant investments in foundational infrastructure rather than merely focusing on rapid delivery. By developing an intricate network of collection points, processing plants, and micro-fulfillment centers, and partnering with over 16,000 farmers, the company aims to enhance the supply chain. This includes advanced cold-chain…

The Economic Times

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BigBasket founder's exit; Pocket FM’s reverse flip

Amazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.

The Economic Times

Hari Menon exits BigBasket; Sarvam cofounder on fresh funding

BigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.

The Economic Times

BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes over

BigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company announced on Tuesday. Amazon veteran Amit Nanda, the director of selling partner services at the ecommerce major, will be taking over as the chief executive.

The Economic Times

Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce push

Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category management and private labels. BigBasket said its private-label business now contributes nearly 40% of total sales.

The Economic Times

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In India's Congested Cities, Delivery Apps Cash In

In India's sprawling financial hub of Mumbai armies of "dabbawalas" have for decades crisscrossed the city by foot and bicycle, delivering home-cooked food to office workers who are keen to avoid the searing heat and traffic-snarled streets.

International Business Times

Only three e-commerce platforms have minimum wage policy: study

Grim working conditions for India's gig workers revealed by Fairwork India's fifth annual study across 12 e-commerce platforms. Only three platforms had minimum wage policy, two had external audits to check for biases, and none provided living wage. Five Fairwork principles examined, with two platforms not receiving any points. No…

The Hindu

Tata reviews super app strategy as sales may miss target by 50%

MUMBAI: MUMBAI: Tata Group’s ambitious super app is expected to meet just half of the sales target in its debut year, forcing the sprawling Indian corporate to review its digital strategy, people familiar with the matter said.

The Times of India

Tatas super app Neu to host non-group brands as well: Chandrasekaran

MUMBAI: Tata Group chairman Natarajan Chandrasekaran on Thursday said the group's recently launched super app Neu is on an open architecture and it will host non-group brands as well.

The Times of India

Tata group launches super app Tata Neu

NEW DELHI: Tata group on Thursday launched possibly India's first super app, Tata Neu, that brings together grocery-to-hotel-to-airline ticket booking and medicine on a single platform, rivalling similar products from Amazon and Walmart's Flipkart.

The Times of India

India's Tata Group Goes Head On With Amazon, To Roll Out New Super App For All Shopping Needs

The Indian conglomerate Tata Group will roll out an all-in-one e-commerce app allowing users to buy everything from apparel to airline tickets, Bloomberg reported. Mumbai-based Tata Digital Pvt’s digital services platform, Tata Neu, will go live to consumers on April 7. The report noted Tata Neu is expected to give more power to…

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