BigBasket to Retreat from 36 Cities, Slashing Footprint from 76 to 40 Amid Cash Burn
Tata-owned BigBasket is cutting its quick-commerce footprint from 76 to 40 cities after the Tata chairman flagged mounting cash burn. Meanwhile D2C grocery brand Anmasa raised ₹30 Cr ($3.1 Mn) to expand its 9-store, 200-SKU network handling 800 daily orders.
BigBasket to retreat from 36 cities (76 to 40) after Tata chairman flagged cash burn; D2C grocery brand Anmasa raised ₹30 Cr for store expansion; Ather EV plans ₹2,700 Cr raise; Groww posts strong Q1 profit.
Why this matters
Reinforces BigBasket's profitability-driven pivot flagged in recent signals about halving its presence to 40 cities under a new CEO, signaling a broader retreat from aggressive quick-commerce expansion.
Retail-company signals are accelerating at +817200% QoQ, underscoring rapid shifts across grocery and quick-commerce.
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