Salient points
- BigBasket of India plans to launch 10 -minute food delivery services at the end of the tax year 2026 to compete in rapid growth in rapid growth of $ 7.1 billion.
- The giant of the groove aims to increase the count of the dark shops from about 700 to 1,000 and 1,200 by the end of 2025, using these positions to speed up deliveries.
- BigBasket will offer a menu with stanbucks and Qmin articles, the food arm of Indian hotels, avoiding partnerships with external restaurants.
BigBasket of India involves implementing the 10 -minute food delivery services at the end of the tax year 2026 while the competition intensifies the rapid space of $ 7.1 billion, Reuters told Reuters.The giant of the grooves supported by Tata will take on established players such as Swiggy Snacc, Blinkit’s Bistro and Zepto Cafe, who already deliver coffee and snacks ready to have less than 15 minutes.
BigBasket is aimed at customers of existing food delivery companies such as Zomato and Swiggy, also unlocking a new pool of customers, a Vipul Parekh co-founder told Reuters.
It provides for using the dark stores to power the service, added Parekh, extending its support point in the always expanding the rapid trade market of India, which the report of the Blume Venture ADO Valley calls the “segment of the sector in the most rapid growth ever”. The dark shops are small warehouses in densely populated neighborhood buildings, where delivery partners, generally two -wheeled knights, collect food or food for delivery.
BigBasket, which brought the delivery service of online food in India in 2011, aims to increase the count of the dark stores from about 700 currently 1,000-1,200 by the end of 2025.
Following a pilot race that started a month ago in the southern city of Bengaluru, the food delivery service will now be expanded to 40 dark shops by the end of July, said Parekh.
Currently, about 5% -10% of BigBasket customers to whom the service is offered are rapid power items with their normal online orders, but this should grow further, he added.
The menu will include elements of the Starbucks coffee chain and the food arm of the Indian hotels Qmin, both part of the Tata group in India. No external restaurant will be collaborated, said the company.
In the meantime, Parekh has rejected BigBasket’s media reports in search of external investors for fundraising and reiterated the company’s plan to become public within the next 18-24 months.
“One of the advantages we have is, being part of the Tata group, you have enough internal capital available.”