Discover and read the best of Twitter Threads about #bigbasket

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Did you know? #BigBasket makes more revenue than 32-year old #SpencersRetail

businessinsider.in/retail/news/bi…

By @Krittiiii Image
@Krittiiii The year 2020 has been a game changer for India Inc. in many aspects. From shopping to working, everything has taken a digital spin and the debate of ‘online vs offline’ has been getting much stronger.

#BigBasket #SpencersRetail #Retail
@Krittiiii Online grocers are cumulatively the third largest player in the market behind #DMart and #RelianceRetail, according to a report dated June 4 from the broking firm Motilal Oswal.

#BigBasket #SpencersRetail #Retail
Read 9 tweets
Damn, 15GB SQL database including passwords!
BigBasket faces potential data breach; details of 2 crore users put on sale on dark web financialexpress.com/industry/sme/b…
The breached DB had 20 Million user data. This is gold mine!
The DB has user type for staff, superusers, last login IP, full address, details of order, and many many datasets. This is not a simple user table, it’s has all operational details of #BigBasket
Read 13 tweets
Yesterday I wanted to buy a #OnePlus 8Pro but I stopped because it's made in #China. So I changed my opinion and searched for #iPhone, sadly 80% of iPhones are made in China☹️ Finally I decided to open #Flipkart to search for other mobiles but flipkart is funded by Chinese 🤘👇
I was extremely disappointed and thought of eating some delicious food 🍴🍕🍔 for that I opened #Zomato and #Swiggy irony is that both are funded by Chinese firms. Finally I decided to order some snacks from #Bigbasket, this is also funded by china. 😭🥵👇
I was vexed and wanted to go to restaurant and eat 🍝 . To go there, I tried booking #Ola and cancelled because China funded Ola too. I wanted to compromise for food but Ola driver was accepting ride only if I pay through #Paytm but again China has made investment in Paytm. 👇
Read 5 tweets
Clear directions from venture capitalists on fund raising
1. Acknowledge the new reality that revenues are tending towards zero. Prior valuations and also cost structures were based on revenue projections. Now, costs need to be reimagined from base levels (1/n)
Investors are more than happy to support founders. No investor is saying NO to funds. However, such requests need to be practical and balance obligations. Every founder has to be rational and bring costs down. (2/n)
Founders need to be practical at this time. Valuations were based on GMV, however, now is the time to Be PRACTICAL and accept lower valuations. This also means that a company hoping for a Series D valuation might have to settle for Series C valuation. (3/n)
Read 47 tweets
#CoronavirusOutbreak | WHO Director-General Tedros Adhanom Ghebreyesus said that a nationwide shurdown, which is being implemented by India to curb #COVID19, will not be enough to fight the outbreak. | Follow LIVE updates here: bit.ly/2UhuEs7
#CoronavirusOutbreak | A three-year-old Indian girl was among the 73 new #COVID19 cases that have been reported in #Singapore in a day, taking the tally to over 600. | Follow LIVE updates here: bit.ly/2UhuEs7
#CoronavirusOutbreak | Three persons, all with travel history abroad, tested positive for the novel in #Goa, health department officials said, as the tourist haven joined the states which have reported #COVID19 cases. | Follow LIVE updates here: bit.ly/2UhuEs7
Read 32 tweets
FY19 results of Start-up companies:
(Courtesy: Financial Express).
#Flipkart: 4234 Cr revenue & 1624 Cr loss.
#Amazon: 7594Cr revenue & 5685 Cr loss.
#PayTm: 3050Cr revenue & 3960 Cr loss.
#OYO: 6457 Cr revenue & 2385 Cr loss.
#BigBasket: 2381Cr revenue & 348 Cr loss.
#Grofers: 70Cr revenue & 448 Cr loss.
#Zomato: 1159Cr revenue & 571Cr loss.
#Swiggy: 1122Cr revenue & 2346Cr loss.
#Ola Cabs: 1886Cr revenue & 1160 Cr loss.
#Delhivery: 1654Cr revenue & 1781Cr loss.
#Rivigo: 1003Cr revenue & 510 Cr loss.
#LensKart: 474Cr revenue & 28 Cr loss.
#UrbanLadder: 298Cr revenue & 49Cr profit.
#Pepperfry: 193Cr revenue & 183 Cr loss
Read 3 tweets

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