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BigBasket

E-commerce (Quick Commerce Grocery)Bengaluru, Karnataka, India

BigBasket is an Indian online grocery platform owned by Tata Digital. Its consumer-facing business is operated by Innovative Retail Concepts Private Limited and its procurement and backend operations by Supermarket Grocery Supplies Private Limited. The company pivoted fully to quick commerce in August 2024.

1StartupFox story
2011Founded
E-commerce(Quick Commerce Grocery)Sector
Jul 2026Latest coverage

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY26Revenuereported
₹10,521 Cr
PAT₹3,175 Cr loss
EBITDA
Growth+7% YoY
Basisconsolidated
Combines Innovative Retail Concepts (B2C, ₹8,223 crore turnover, ₹3,073 crore loss) and Supermarket Grocery Supplies (B2B, ₹2,298 crore revenue, ₹102 crore loss). Entity-level disclosure only; no cost heads, order volumes or contribution ma
Tap any bar to see that year
₹ figures as filed, not restated

Leadership

The BigBasket journey

2011 · founded
BigBasket founded in Bengaluru as an online grocery platform by Hari Menon, V S Sudhakar, Vipul Parekh, Abhinay Choudhari and V S Ramesh.
2021 · acquisition
Tata Digital acquired a majority stake in BigBasket. It now holds 84.23% and remains the largest shareholder.
Aug 2024 · milestone
BigBasket completed a full pivot to quick commerce, shifting from scheduled grocery delivery to a dark-store model.
Jun 2026 · milestone
Amit Nanda, previously Director of Selling Partner Services at Amazon India, appointed Chief Executive Officer. Co-founder Hari Menon stepped down as CEO and remained on the board.

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Frequently Asked

What is BigBasket?

BigBasket is an Indian online grocery platform owned by Tata Digital. Its consumer-facing business is operated by Innovative Retail Concepts Private Limited and its procurement and backend operations by Supermarket Grocery Supplies Private Limited. The company pivoted fully to quick commerce in August 2024.

Who founded BigBasket?

BigBasket is associated with Amit Nanda, Hari Menon, Vipul Parekh.

Is BigBasket profitable?

Per its FY26 consolidated filing, BigBasket reported ₹10,521 Cr in revenue, with a ₹3,175 Cr loss.

What is the latest news on BigBasket?

The most recent StartupFox coverage is “BigBasket's Consumer Arm Reports ₹8,223 Crore FY26 Turnover as Losses Widen 66% to ₹3,073 Crore” (28 July 2026). All stories are listed on this page.