BigBasket turnover declines in FY25 amid rising quick commerce competition

, By The Economic Times
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Tata Digital-backed e-grocery platform BigBasket saw its annual turnover decline in the year that ended March 2025, as competition from quick commerce rivals Blinkit, Zepto and Instamart intensified.

According to Tata Sons’ annual report for FY25, BigBasket’s B2C unit Innovative Retail Concepts’ FY25 turnover fell 3% to Rs 7,673 crore, while its B2B unit Supermarket Grocery Supplies’s turnover fell 7% to Rs 2,227 crore during the year.

The losses for Innovative Retail Concepts, meanwhile, increased to Rs 1,851 crore during FY25, from Rs 1,267…



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BigBasket turnover declines in FY25 amid rising quick commerce competition

, Published By The Economic Times
Tech



Tata Digital-backed e-grocery platform BigBasket saw its annual turnover decline in the year that ended March 2025, as competition from quick commerce rivals Blinkit, Zepto and Instamart intensified.

According to Tata Sons’ annual report for FY25, BigBasket’s B2C unit Innovative Retail Concepts’ FY25 turnover fell 3% to Rs 7,673 crore, while its B2B unit Supermarket Grocery Supplies’s turnover fell 7% to Rs 2,227 crore during the year.

The losses for Innovative Retail Concepts, meanwhile, increased to Rs 1,851 crore during FY25, from Rs 1,267…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Microsoft says some SharePoint server hackers now using ransomware
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Best Small Business Loans for Bad Credit: Navigating Options for Growth
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