Startup BigBasket, Succes Story

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The best online grocery store in India. BigBasket is an online supermarket for all your daily needs.

Presently, BigBasket operates in about 450 towns. Tata Digital owns a 64.3 percent stake in BigBasket’s parent company Supermarket Grocery Supplies. UK-based CDC Group and Mirae Asset are among the other investors in Supermarket Grocery Supplies.

Big Basket is a very good company in terms of systems, rules and regulations, transparency, salary, benefits, and everything. But, the management in Kolkata B2B is not appropriate, they give a stressful life to a sales professional and it will damage the balance of professional and personal life

Online grocery shopping is fast gaining popularity among Indians. According to the recent Redseer report, India’s online grocery retail market is all set to touch $10.5 billion by 2023. A company that holds a huge share of this fast-growing market is BigBasket.

Founded in 2011, by the dot-com bubble survivors – V.S. Sudhakar, Hari Menon, V.S. Ramesh, Vipul Parekh, and Abhinay Choudhari, Supermarket Grocery Supplies Pvt. Ltd., trading as BigBasket, is a household name soon after it came to existence.

Headquartered in Bengaluru, BigBasket is currently known as India’s largest online grocer and receives over 150,000 orders per day.

About the CEO
Hari Menon is one of the founders and the CEO of Big Basket. He was born in a middle-class family in Bandra, Maharashtra. After finishing his schooling, Menon attended the Birla Institute of Science and Technology, Pilani. In 1999, Menon and the other founders of Big Basket started an online store called Fabmart.com. After two years, they also opened physical store called Fabmall which sold groceries.

The success story of Big Basket
With the help of the founders’ hard work and dedication, Big Basket reached new heights and is the top online grocery store in India. The platform offers hundreds and thousands of products to its customers every day. The company employs around 2000 people. In addition, the company recently also launched three new businesses: BB Daily, BB Instant, and BB Beauty store. Big Basket’s story teaches that hard work is the key to success. Secondly, we should never give up on our dreams and always believe in ourselves.

So, BigBasket is one of the inspirations for new startups in India