Bengaluru based grocery eretailer Bigbasket has crossed an annualised gross sale runrate of $1 billion for the first time in May. This growth has been captured due to extended demand in essentials category due to covid 19.
This grocery eretailer has become the second sector-focused online retailer closely followed by fashion portal Myntra, and horizontal e-tailers like Flipkart and Amazon India that retails all goods, to cross the billion-dollar sales mark.
Bigbasket co-founder and CEO Hari Menon spoke exclusively with leading business daily Economic Times, and said, “We grew 35% on a month-on-month basis in April, and then the next two months we grew roughly about 18% and 20%. It (the demand) is holding really well. Including BB Daily, we are clocking 3.5 lakh orders, which was around 2.2 lakh orders a day (before pandemic),” Menon said. BB Daily is a separate micro-delivery platform of Bigbasket, which delivers milk, bread and eggs on a subscription basis.