The e-comm platform plans to operate only in about 40 profitable cities, down from its current presence across 76 markets
BigBasket
1
Articles
2
Leadership Changes
1
People
Latest News
1 Articles
BigBasket to scale back operations to focus on profitability
Leadership Timeline
2 Updates
Oct 2023
Latest
Amit Nanda — CEO (appointment)
Recently appointed CEO overseeing strategic overhaul for profitability.
Oct 2023
Amit Nanda — CEO (appointment)
Recently appointed CEO overseeing strategic overhaul for profitability.
AI Insights
AI
-
Focus on Profitability. BigBasket is narrowing its operational focus to enhance profitability by reducing its market presence.
-
Market Reduction. The company is scaling down from 76 markets to 40, indicating a significant shift in its operational strategy.
FAQs
AI
BigBasket is scaling back to focus on profitability.
BigBasket plans to operate in about 40 profitable cities.
BigBasket was previously present in 76 markets.
Currently, BigBasket is focusing on profitability rather than expansion.
Customers in the cities that remain will likely see improved service as the company focuses on profitable operations.