BigBasket
Acquisitions
3
Major Deals Covered
This page covers 3 major deals from 2015 to 2018, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Delyver | 2015 | Undisclosed | Bought the hyperlocal delivery company in a cash-and-stock deal to build BigBasket's own last-mile delivery network. |
| RainCan and Morning Cart | 2018 | Undisclosed | Bought 100 percent of Pune based RainCan and Bengaluru based Morning Cart, two subscription milk and morning essentials delivery startups, months after raising $300 million from Alibaba. |
| Kwik24 (Savis Retail), controlling stake | 2018 | Undisclosed | Took control of the Bengaluru smart vending machine startup to put unmanned grocery and snack machines in offices, tech parks and apartment blocks. |
2018
Bought 100 percent of Pune based RainCan and Bengaluru based Morning Cart, two subscription milk and morning essentials delivery startups, months after raising $300 million from Alibaba.
Formed the base of BBdaily, BigBasket's early-morning subscription service for milk, bread and daily essentials.
BBdaily ran as a separate app until BigBasket's 2024 move to quick commerce.
2018
Took control of the Bengaluru smart vending machine startup to put unmanned grocery and snack machines in offices, tech parks and apartment blocks.
Became BB Instant; in April 2019 BigBasket said it would invest $100 million in vending machines and distribution points.
BB Instant machines operated as a BigBasket division.
2015
Bought the hyperlocal delivery company in a cash-and-stock deal to build BigBasket's own last-mile delivery network.
Added local delivery capability as BigBasket expanded to eight large cities by mid-2016 and became India's biggest online grocer.
Folded into BigBasket's delivery operations.
Since August 2024 BigBasket has delivered only in 10 to 30 minutes, folding the BBdaily morning subscription and BB Now into one app. Growth now comes from bigger baskets rather than more cities: larger-format dark stores carrying wider ranges, non-grocery categories, and a 10-minute café and food menu piloted in Bengaluru in June 2025 with Tata Starbucks and Qmin, the food platform of Indian Hotels Company. In June 2026 the company ran more than 850 dark stores and said it planned around 250 more that year; in July it narrowed its focus to about 40 profitable cities.
BigBasket is an inventory-led retailer rather than a marketplace. It buys from brands, wholesalers and farmers, holds the stock in its own warehouses and dark stores, and sells to consumers through the BigBasket app and website. The work is split across two companies: Supermarket Grocery Supplies, the parent, handles procurement and B2B supply, and its wholly owned subsidiary Innovative Retail Concepts runs the consumer business. Selling goods is almost all of revenue, 97 percent of operating revenue in FY2024, with advertising sold to brands and membership fees making up most of the rest. Private labels such as fresho, bb Royal and bb Popular earn better margins than resold FMCG brands and were more than a third of revenue in early 2023, according to co-founder Vipul Parekh.
Tata Digital completed its purchase of a 64.3 percent stake in May 2021, a month after the Competition Commission of India approved the deal.
The deal was reported at about ₹9,500 crore, or roughly $1.2 billion, including about $200 million of fresh capital, and valued BigBasket at around $1.8 billion to $2 billion.
Alibaba and Actis, its two largest investors, sold their full stakes, as did Ascent Capital, Zodius, Sands Capital and early backer K. Ganesh.
Hyperlocal delivery firm Delyver in 2015, milk delivery startups RainCan and Morning Cart in October 2018, and a controlling stake in vending machine startup Kwik24 at the same time. Deal values were not disclosed.
In 2021, the massive Indian conglomerate Tata Group acquired a 64% majority stake in BigBasket for over $1 billion to aggressively anchor its "Tata Neu" super-app strategy.
Compare corporate acquisition records, deal values, and strategic targets
Explore BigBasket
Core profile pages, founders and related research hubs for this company.