Tech
BigBasket turnover declines in FY25 amid rising quick commerce competition
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Tata Digital-backed e-grocery platform BigBasket saw its annual turnover decline in the year that ended March 2025, as competition from quick commerce rivals Blinkit, Zepto and Instamart intensified.
According to Tata Sons’ annual report for FY25, BigBasket’s B2C unit Innovative Retail Concepts’ FY25 turnover fell 3% to Rs 7,673 crore, while its B2B unit Supermarket Grocery Supplies’s turnover fell 7% to Rs 2,227 crore during the year.
The losses for Innovative Retail Concepts, meanwhile, increased to Rs 1,851 crore during FY25, from Rs 1,267…
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