BigBasket FY25 revenue declines as quick-commerce competition intensifies
Tata-backed online grocer BigBasket reported a revenue decline in FY25, underscoring mounting pressure from India’s fast-growing quick-commerce platforms.
BigBasket’s revenue declined in FY25 as competition from quick-commerce platforms intensified, highlighting pressure on the Tata-backed online grocery retailer’s growth.
Why this matters
The FY25 decline follows signals of BigBasket broadening its India strategy through an offline retail push and the launch of its first Fresho store in Bengaluru.
Retail-company signals are accelerating, up 385,600% QoQ.