Funding · Commerce & Consumer Brands

BigBasket in talks to raise $200 million

By Startup Enthusiast · 16 November 2018

What they do

BigBasket is an online grocery delivery service operating in 25 cities

It is in talks to raise $200 million from existing and new investors

The company aims to clock ₹3,500 crore in sales in FY19 and break even by 2021

BigBasket is in talks to raise $200 million from existing and new investors.
The company crossed ₹2,000 crore in sales in the year ended March 2018.
Its customer count almost doubled in the same period.
BigBasket aims to clock ₹3,500 crore in sales in FY19.
It processes 90,000 to 1 lakh orders per day.
The company is operationally profitable in Bengaluru and Hyderabad.
BigBasket plans to break even in all cities by 2021.
It has nearly 10 million customers.

BigBasket raised $300 million from Alibaba at an $800 million valuation nine months ago.
The company has raised a total of ~$885 million till date.
It made three acquisitions this year: KWIK24, RainCan, and Morning Cart.
BigBasket launched a micro-delivery vertical called BBdaily last month.

BigBasket operates in 25 cities across India.
It processes 90,000 to 1 lakh orders per day.
The company has nearly 10 million customers.
It is operationally profitable in Bengaluru and Hyderabad.
BigBasket operates through two entities: Supermarket Groceries and Retail concent.
It competes with Grofers, Amazon, and Flipkart.
In micro-delivery, it competes with DailyNinja, Milkbasket, and Doodhwala.