Detailed Information About BigBasket (online grocer)

In December 2011, BigBasket was founded by five entrepreneurs who had experienced the dot-com crash. It initially secured $10 million in funding from Ascent Capital, a private equity investor based in Bengaluru. By January 2023, BigBasket attracted an additional $200 million in funding from various investors, including its majority shareholder, Tata Digital. This investment valued the company at $3.2 billion, reflecting its growing popularity and demand.

History and Modifications of BigBasket

According to CEO Vipul Parekh, more than one-third of the company's revenue is generated from its private label products. In June 2025, BigBasket introduced a 10-minute food delivery service in Bengaluru. This service features offerings from Tata Starbucks and Qmin, a food platform developed by the Indian Hotels Company.