BigBasket’s FY25 revenue declines as quick-commerce competition intensifies
Tata-backed online grocer BigBasket reported a revenue decline in FY25, underscoring the pressure from India’s increasingly competitive quick-commerce market.
BigBasket’s revenue declined in FY25 as competition intensified in India’s quick-commerce market, highlighting pressure on the Tata-backed online grocery retailer’s growth and market position.
Why this matters
The FY25 decline follows BigBasket’s earlier offline expansion efforts, including its November 2021 Fresho store launch in Bengaluru and a January 2023 Hyderabad supermarket pilot, as quick-commerce rivals raise pressure on online grocers.
Retail-company signals are accelerating, up 1,107,700% QoQ.