BigBasket to halve footprint to 40 cities in profitability push amid mounting FY25 losses
Under new CEO Amit Nanda, Tata-owned BigBasket is retreating from 76 to 40 markets and pruning ~1,000 stores as FY25 net loss widens 42% to ₹2,006.8 Cr and revenue slips 2%. The pivot follows Tata's tighter capital discipline and fierce quick-commerce pressure from Blinkit, Zepto and Instamart.
BigBasket is restructuring under new CEO Amit Nanda, reportedly halving its footprint to 40 profitable markets to chase profitability amid widening FY25 losses, Tata's tighter capital discipline, and intense quick-commerce competition from Blinkit, Zepto and Instamart.
Why this matters
This confirms BigBasket's earlier flagged retreat from 76 to 40 cities, now tied to a 42% wider FY25 loss and Tata's tighter capital discipline under CEO Amit Nanda.
Retail-company signals accelerating at +892200% QoQ.
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