Tata needs BigBasket to fulfill its retail ambitions

<p>When Tata acquired the e-grocer, BigBasket, at a reported valuation of $2 billion in mid-2021, the company was loss-making. For those at BigBasket, it was an opportunity to shift their focus back to the company’s core business: doorstep grocery delivery.    </p><p>While it was a bit too late when Tata realised its new acquisition was left out from the quick commerce game, there is one game that BigBasket seems to be clearly winning.</p><p>Tune in to find out.</p><p><em>Recommended reading: </em><a href="https://the-ken.com/story/torn-between-growing-competition-and-tatas-ambitions-3-2b-bigbasket-is-at-a-crossroads/"><em>Torn between growing competition and Tatas’ ambitions, $3.2B BigBasket is at a crossroads</em></a><em><br /></em><br /><em>Daybreak is produced from the newsroom of </em><a href="https://the-ken.com/"><strong><em>The Ken</em></strong></a><em>, India’s first subscriber-only business news platform. </em><a href="https://the-ken.com/pricing/"><strong><em>Subscribe</em></strong><em> </em></a><em>for more exclusive, deeply-reported, and analytical business stories.</em></p>