BigBasket’s FY25 Revenue Dips Amid Quick Commerce Competition

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SUMMARY

BigBasket’s B2C arm, Innovative Retail Concepts, saw a 3% drop in turnover to INR 7,673 Cr in FY25 from INR 7,885 Cr in FY24

While BigBasket’s B2B unit, Supermarket Grocery Supplies, saw a sharper 7% fall in revenue to INR 2,227 Cr during the year under review from INR 2,391.8 Cr in FY24

The company is currently facing fierce competition from the likes of Blinkit, Zepto and Swiggy Instamart in the quick commerce space

Tata Digital backed quick commerce platform BigBasket saw its annual revenue fall in the…



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BigBasket’s FY25 Revenue Dips Amid Quick Commerce Competition


SUMMARY

BigBasket’s B2C arm, Innovative Retail Concepts, saw a 3% drop in turnover to INR 7,673 Cr in FY25 from INR 7,885 Cr in FY24

While BigBasket’s B2B unit, Supermarket Grocery Supplies, saw a sharper 7% fall in revenue to INR 2,227 Cr during the year under review from INR 2,391.8 Cr in FY24

The company is currently facing fierce competition from the likes of Blinkit, Zepto and Swiggy Instamart in the quick commerce space

Tata Digital backed quick commerce platform BigBasket saw its annual revenue fall in the…



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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