Bigbasket

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Bigbasket - Total results - 38
BigBasket data breach exposes data of 2 crore users in dark web, cybersecurity firm Cyble reveals
News & Analysis

BigBasket data breach exposes data of 2 crore users in dark web, cybersecurity firm Cyble reveals

The data put on includes names, email IDs, password hashes, contact numbers, addresses, date of birth, location, and IP addresses of login among many others.

Bigbasket faces potential data breach; details of 2 crore users likely to have been leaked, put for sale on dark web
Business

Bigbasket faces potential data breach; details of 2 crore users likely to have been leaked, put for sale on dark web

Cyber intelligence firm Cyble said it found the database of Big Basket being sold for over US $40,000, with a details like names, email IDs, password hashes, contact numbers

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
Business

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply

The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday

EV startup Euler Motors raises Rs 20 cr as part of Series A funding; to use money to expedite product, technology
Business

EV startup Euler Motors raises Rs 20 cr as part of Series A funding; to use money to expedite product, technology

Earlier, as part of its pre-series A round, Euler Motors had raised Rs 15 crore from Blume Venture, US based Emergent Ventures and Andrew Lee. With this series A, Euler Motors has so far raised more than Rs 35 crore.

Facebook invests $5.7 billion in Reliance Industries Jio Platforms; plans digital services for Indian grocers
Business

Facebook invests $5.7 billion in Reliance Industries Jio Platforms; plans digital services for Indian grocers

The deal for 9.99 percent of Jio Platforms, which houses the telecoms unit Jio Infocomm as well as other news, movie and music apps, gives Jio Platforms an enterprise value of about $66 billion, Reliance said.

Govt's new foreign investment rules aimed at China to include Hong Kong too; inflows from both to be scrutinised in same manner
Business

Govt's new foreign investment rules aimed at China to include Hong Kong too; inflows from both to be scrutinised in same manner

The new rules are seen slowing down investment timelines and straining Indian startups that get regular funding from major Chinese companies, especially when the coronavirus outbreak has already hit them hard.

Google, Uber, IBM among several US firms willing to share resources to help India fight coronavirus outbreak
Business

Google, Uber, IBM among several US firms willing to share resources to help India fight coronavirus outbreak

Resources to fight COVID-19 range from providing free digital education platform, donating face masks, boosting up ventilator production to converting shipping containers into ICU.

Coronavirus Outbreak: Grofers to hire 5,000 people over two weeks; will ramp up capacity to meet spike in orders
Business

Coronavirus Outbreak: Grofers to hire 5,000 people over two weeks; will ramp up capacity to meet spike in orders

Online grocery platform Grofers is looking at hiring 5,000 employees to ramp up its capacity to meet the spike in orders amid the nationwide lockdown

More business houses join fight against COVID-19; JCB India partners with Asian Institute of Medical Sciences
Business

More business houses join fight against COVID-19; JCB India partners with Asian Institute of Medical Sciences

JCB India has made a commitment to fund PPEs, medicines, testing kits, security suits and consumables for doctors and healthcare workers.

Coronavirus Outbreak: BigBasket to hire 10,000 people for warehouses, delivery to clear pending orders quickly
Business

Coronavirus Outbreak: BigBasket to hire 10,000 people for warehouses, delivery to clear pending orders quickly

Online grocery platform BigBasket is looking at hiring 10,000 people for its warehouses and last-mile delivery to clear pending orders quickly and meet the spike in orders on account of the nationwide lockdown

BigBasket acquires milk delivery app DailyNinja for Rs 48 crore to strengthen business in Bengaluru
Business

BigBasket acquires milk delivery app DailyNinja for Rs 48 crore to strengthen business in Bengaluru

BigBasket has taken over Bengaluru-based milk delivery app DailyNinja. The online grocery delivery company will now have access to DailyNinja's network of 2,000 milkman partners across India

Flipkart suspends services as India lockdown impedes online grocery deliveries
Business

Flipkart suspends services as India lockdown impedes online grocery deliveries

Amazon India’s pantry service that delivers groceries was also not available in several cities.

Grofers, BigBasket see orders soaring as coronavirus lockdown shuts malls in multiple cities
Business

Grofers, BigBasket see orders soaring as coronavirus lockdown shuts malls in multiple cities

Online grocery platforms Grofers and BigBasket are witnessing up to two-fold growth in purchases as authorities in multiple cities close malls and shopping places to contain the coronavirus pandemic

Grofers loss widens to Rs 448 cr in FY19; firm says on track to double GMV to Rs 5k cr in FY20
Business

Grofers loss widens to Rs 448 cr in FY19; firm says on track to double GMV to Rs 5k cr in FY20

SoftBank-backed Grofers reported widening of its loss to Rs 448 crore in 2018-19 financial year, while its income rose by over 56 percent from the previous fiscal, according to regulatory documents filed by the company

Bigbasket gets Rs 100 cr venture debt from Trifecta Capital, funds to be used for working capital, capex needs
Business

Bigbasket gets Rs 100 cr venture debt from Trifecta Capital, funds to be used for working capital, capex needs

Bigbasket, which has raised about $150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba earlier this year, had taken venture debt from Trifecta Capital in 2017.

Amazon expands Pantry to 110 Indian cities as it bets big on grocery category to drive growth in business
Business

Amazon expands Pantry to 110 Indian cities as it bets big on grocery category to drive growth in business

E-commerce major Amazon.in on Thursday said it has expanded its 'Pantry' service to over 110 cities in the country as it bets big on the grocery category to drive growth in business

Online grocery retailer Grofers raises over $200 mn led by SoftBank Vision Fund
Business

Online grocery retailer Grofers raises over $200 mn led by SoftBank Vision Fund

Online grocery retailer Grofers on Wednesday said it has raised over $200 million (over Rs 1,400 crore) in funding, led by SoftBank Vision Fund

BigBasket to invest $100 million to strengthen supply chain, will set up vending machines and distribution centres across cities
Business

BigBasket to invest $100 million to strengthen supply chain, will set up vending machines and distribution centres across cities

BigBasket had recently raised $150 million in funding, led by Mirae Asset-Naver Asia Growth Fund, CDC Group and Alibaba Group.

BigBasket raises $150 mn from South Korea's Mirae, China's Alibaba and UK's CDC Group
Business

BigBasket raises $150 mn from South Korea's Mirae, China's Alibaba and UK's CDC Group

Online grocery platform BigBasket has raised about $150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings

Softbank-backed Grofers narrows standalone losses to Rs 258.3 cr in FY18 from Rs 268.3 cr in March 2017
Business

Softbank-backed Grofers narrows standalone losses to Rs 258.3 cr in FY18 from Rs 268.3 cr in March 2017

Grofers, which has already completed five years of operations, had a revenue run rate of over $360 million (about Rs 2,500 crore) around that time