BigBasket

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Last edited April 11, 2026


BigBasket
IndustryE-commerce
Online shopping
Q-commerce
FoundedOctober 2011; 14 years ago (2011-10)
Founder(s)s
  • V. S. Sudhakar
  • Hari Menon
  • V. S. Ramesh
  • Vipul Parekh
  • Abhinay Choudhari[1]
Headquarters
Bengaluru, Karnataka
,
India
Area served
India
Key people
ServicesOnline grocer
RevenueIncrease ₹10,100 crore (US$1.4 billion) (FY24)[4]
Template:Positive decrease ₹−1,415 crore (US$−200 million) (FY24)[4]
ParentTata Digital
Divisions
Websitebigbasket.com

BigBasket is an Indian online grocer, headquartered in Bengaluru and owned by Tata Digital.[1] The company was set up in 2011 and is registered with the name Supermarket Grocery Supplies Pvt. Ltd.[8] As of January 2023, it operates in more than 30 cities in India.[1][9]

History[edit | edit source]

BigBasket was founded in December 2011 by five entrepreneurs from the dot-com crash era. It received its initial funding of $10 million from Bengaluru-based private equity investor Ascent Capital.[8]

In 2015, Bigbasket acquired the hyperlocal delivery company Delyver to build its last-mile delivery network.[10] By mid-2016, BigBasket was operating in eight large Indian cities and had grown to become India's biggest e-grocer.[8][11]

In early 2018, China's Alibaba Group led a $300 million funding round at a valuation of around $950 million.[2][8] By May 2019, BigBasket was operating across 25 Indian cities,[2] and became a 'unicorn' (a startup valued at more than $1 billion) after raising $150 million in a new funding round led by Mirae Asset-Naver Asia Growth Fund, the CDC Group, and Alibaba.[12]

In October 2020, BigBasket suffered a data breach exposing the data of more than 20 million users, which included email, IP and physical addresses, names, phones numbers, dates of birth and passwords.[13]

Demand for online grocery shopping increased considerably in the wake of the COVID-19 pandemic and by the start of 2022, BigBasket was processing over 7 million orders per month.[14]

In May 2021, Tata Group subsidiary Tata Digital acquired a 64% majority stake in BigBasket at a valuation of around $1.85 billion.[15] On 24 November 2021, BigBasket opened its first physical store in Bengaluru, branded 'Fresho', primarily for the sale of fresh fruits and vegetables.[14][16]

In January 2023, BigBasket received a $200 million funding from investors, including majority shareholder Tata Digital, at a valuation of $3.2 billion.[1][3]

According to CEO Vipul Parekh, over one-third of the company's revenue comes from its private label products.[17][18]

In June 2025, BigBasket launched a 10-minute food delivery service in Bengaluru. The service included offerings from Tata Starbucks and Qmin, a food platform by Indian Hotels Company Limited.[19][20]

See also[edit | edit source]

References[edit | edit source]

  1. ↑ 1.0 1.1 1.2 1.3 Bundhun, Rebecca (2 January 2023). "How India's largest online grocer aims to win the e-commerce race". The National. Archived from the original on 3 February 2023. Retrieved 3 February 2023.
  2. ↑ 2.0 2.1 2.2 Thomas, Chris (6 May 2019). "Bigbasket valued at over $1 billion in fresh funding round". reuters.com. Archived from the original on 4 February 2023. Retrieved 4 February 2023.
  3. ↑ 3.0 3.1 Kay, Chris (21 December 2022). "Tata's Bigbasket Eyes IPO by 2025 After $200 Million Funding". Bloomberg News. Archived from the original on 5 March 2023. Retrieved 3 February 2023.
  4. ↑ 4.0 4.1 "BigBasket Revenue crosses 10K Cr mark". Entrackr. Retrieved 6 September 2024.
  5. ↑ Vardhan, Jai (25 October 2018). "BigBasket enters microdelivery space: Will it outlast Milkbasket and DailyNinja?". Entrackr. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
  6. ↑ "BigBasket to invest $100 mn to set up vending machines, distribution points". Business Standard. Press Trust of India. 28 April 2019. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
  7. ↑ Mishra, Digbijay (25 November 2021). "BigBasket jumps into buzzy quick delivery segment; will bring all grocery services in one app". The Economic Times. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
  8. ↑ 8.0 8.1 8.2 8.3 Rai, Saritha (19 March 2018). "How Dotcom Survivors Built a $950 Million Startup in India". Bloomberg News. Archived from the original on 20 March 2018.
  9. ↑ Gautam, Vanya (22 December 2022). "Tata Group Backed BigBasket Eyes IPO By 2025 After $200 Million Funding Takes Its Valuation To $3.2 Billion". The Times of India. Archived from the original on 5 March 2023. Retrieved 5 March 2023.
  10. ↑ Chakraborty, Sayan (13 June 2015). "BigBasket acquires Delyver in cash-stock deal". Mint. Archived from the original on 17 July 2015. Retrieved 27 August 2023.
  11. ↑ Dutta Choudhury, Sonya (5 September 2015). "What's behind the basket?". Mint. Archived from the original on 27 September 2015. Retrieved 27 August 2023.
  12. ↑ Singh, Manish (6 May 2019). "Grocery startup BigBasket becomes India's newest unicorn with new $150M investment". TechCrunch. Archived from the original on 18 February 2023. Retrieved 18 February 2023.
  13. ↑ "Bigbasket faces potential data breach; details of 2 crore users put on sale on dark web". The Indian Express. 8 November 2020. Archived from the original on 27 June 2023. Retrieved 27 June 2023.
  14. ↑ 14.0 14.1 "BigBasket establishes presence in 18 tier-2 and 3 cities across India". Business Standard. 2 February 2022. Archived from the original on 4 February 2022. Retrieved 8 February 2023.
  15. ↑ "Tata Digital buys 64% stake in BigBasket". The Economic Times. 28 May 2021. Archived from the original on 10 June 2021.
  16. ↑ Phadnis, Shilpa (25 November 2021). "BigBasket opens 1st physical store, targets 800 in 5 years". The Times of India. Archived from the original on 25 September 2022. Retrieved 8 February 2023.
  17. ↑ Soni, Yatti (2 January 2023). "BigBasket eyes expansion into 450 towns by end March". The Hindu Businessline. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
  18. ↑ "Big Basket to strengthen private brands: Hari Menon". The Times of India. 16 September 2016. Archived from the original on 7 June 2023. Retrieved 7 June 2023.
  19. ↑ Acharya, Disha (1 June 2025). "BigBasket pilots 10-minute food delivery with Starbucks, Qmin in Bengaluru". The Economic Times. Retrieved 8 June 2025.
  20. ↑ Vishwakarma, Vivek (2 June 2025). "BigBasket enters 10-minute food delivery race in Bengaluru: Report". Indian Startup News. Retrieved 8 June 2025.
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