06 February 2021
BigBasket has reported a 36% increase in its revenue to INR38,180m (US$525m) in FY20 (ending March 2020). However, with overall expenses increasing 31% to INR44,114m (US$605m) the retailer reported losses of 26%, equating to INR7,099m (US$97m).
Intense B2B competition with the entry of big players
Supermarket Grocery Supplies (SGS) operates e-grocery platform BigBasket, which supplies Ki...