BigBasket
Indian online grocery delivery company
From Wikipedia, the free encyclopedia
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,[update] it operates in more than 30 cities in India.[1][9]
- V. S. Sudhakar
- Hari Menon
- V. S. Ramesh
- Vipul Parekh
- Abhinay Choudhari[1]
 | |
Company type | Subsidiary |
|---|---|
| Industry | E-commerce Online shopping Q-commerce |
| Founded | October 2011 |
| Founders |
|
| Headquarters | , India |
Area served | India |
Key people | |
| Services | Online grocer |
| Revenue |  ₹10,100 crore (US$1.1 billion) (FY24)[4] |
 ₹−1,415 crore (US$−150 million) (FY24)[4] | |
| Parent | Tata Digital |
| Divisions | |
| Website | bigbasket |
History
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]
