India keen to tap into the growing appetite for healthier eating options

INDIA – The food and beverage industry in India is seeing a very definite change in the healthy food segment supported by the growing demand for healthy, homestyle food by consumers across cities and towns. […]

India’s online grocery retail market set to reach US$10.5bn by 2023

INDIA – Online food and grocery retail in India is estimated to hit US$10.5 billion or 1.2% of the overall market by 2023, according to a recent report released by consulting firm Redseer. Redseer forecasts […]

Indian online grocer BigBasket merges two core arms to speed up delivery

INDIA – BigBasket, an Alibaba-backed online grocer in India has merged two core business, the on-demand 90-minute delivery and planned next-day orders as it seeks increase efficiencies in its business. The Bengaluru-based grocery said that […]

BigBasket to invest US$100m in strengthening supply chain in expansion strategy

INDIA – BigBasket, India’s leading grocery retailer, is set to invest US$100 million (Rs 698 crore) in strengthening its supply chain by setting up vending machines and smaller distribution centres across various cities it operates […]

BigBasket secures US$150m funding led by South Korea’s Mirae

INDIA – India’s leading grocery retailer, BigBasket has raised US$150 million in funding led by South Korea’s Mirae Asset Management to expand its online platform. According to ET Retail report, the latest round which was […]

BigBasket completes acquisition of RainCan, Morning Cart and Kwik24

INDIA – Online grocery store BigBasket has completed the acquisition of three startups, taking 100% stake in two milk ventures RainCan and Morning Cart and a controlling stake in Kwik24, according to an ET Retail […]

BigBasket in talks to acquire majority stake in Kwik24 start-up company

INDIA – The Indian online grocery and food products provider, BigBasket is eying a majority stake in smart vending machines start-up Kwik24 in an effort to expand its offline grocery business. ET Retail reported that […]