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Show Notes
When Tata acquired the e-grocer, BigBasket, at a reported valuation of $2 billion in mid-2021, the company was loss-making. For those at BigBasket, it was an opportunity to shift their focus back to the company’s core business: doorstep grocery delivery.
While it was a bit too late when Tata realised its new acquisition was left out from the quick commerce game, there is one game that BigBasket seems to be clearly winning.
Tune in to find out.
Recommended reading: Torn between growing competition and Tatas’ ambitions, $3.2B BigBasket is at a crossroads
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