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Bigbasket history
Bigbasket company history timeline
BigBasket was founded by V. S. Sudhakar, Hari Menon, Vipul Parekh, Abhinay Choudhari and V. S. Ramesh in 2011.
In March 2019, BigBasket raised US$150 million in investment from Mirae Asset, Alibaba Group and CDC Group giving the company a valuation of over US$1 billion.
In March 2020, they acquired micro-delivery firm, DailyNinja.
As of June 2020, it was reported that BigBasket had hit the annualized gross sale run rate of US$1 billion and began selling about 18,000 products from over 300,000 orders received daily.
In February 2021, the Tata Group acquired a 64.3% stake in BigBasket for around ₹9,500 crore (US$1.2 billion).
In February 2022, BigBasket acquired Kerala based deep-tech startup Agrima Infotech for undisclosed amount.
As of 2022, BigBasket caters mainly to tier 3 and tier 4 towns with its community group buying approach, wherein users can create groups through messaging and social media platforms to buy products at reduced prices.
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Zippia gives an in-depth look into the details of Bigbasket, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bigbasket. The employee data is based on information from people who have self-reported their past or current employments at Bigbasket. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Bigbasket. The data presented on this page does not represent the view of Bigbasket and its employees or that of Zippia.
Bigbasket may also be known as or be related to BigBasket, Bigbasket, Supermarket Grocery Supplies Pvt. Ltd and bigbasket.com.