1. MANAGEMENT OF BIG BASKET
Founders:
Hari Menon
V.S. Sudhakar
Vipul Parekh
Abhinay Choudhary
_________
___________Head Quarters: Banglore , Karnataka, India
Industry: Internet
Type: Private
Services: E-Commerce
(Online grocery)
Founded: 2011 year
Area Served: India
2. DETAIL ANALYSIS OF BIG BASKET
-The online grocery store
Presented by:
Vinod
Charan
Sourabh
Sai kiran
Ram babu
Krishna teja
Sri ram
16. Online grocer Big Basket has raised $50 million (Rs 315 crore) from its existing investors led by
Bessemer Venture Partners even as the Bangalore-headquartered startup has mandated
Citigroup to raise $150 million (Rs 950 crore
FINANCIAL AND MARKET SHARE OF BIG
BASKET
Big Basket said it would exit the current
financial year with a revenue run rate of $400
million, a four-fold jump from the $100 million
in August. "Our revenue run rate projection for
the next financial year, FY17, is $1 billion," Hari
Menon, CEO, Big Basket, told TOI.
Big Basket's private labels bring in about 33% revenue at the moment, which may touch 40%
by the end of this financial year. This is crucial in Big Basket's valuation numbers as top internet
investors pour over the company's books
17. HOW THEY ARE DIFFERENT FROM OTHERS
Supplier side module - A team looks into approaching new suppliers (Say HUL, Nestle etc
companies), and adding them to Big Basket system.
Here we have several points to prove that they are completely different from others.
Category Managers - This team takes care of individual categories end-to-end. For example,
category manager of dairy products will add new suppliers, will see how much sales is coming
from thsi category, will see what marketing he can do to increase sales, will see if a customer is
not happy then how to respond etc.
•Logistics team - This is perhaps most important team in BB, and most innovative and most
efficient too (Across e-commerce this team will win best customer-experience award surely).
•This team has "pickers", who take your order and go around the warehouse "picking" up stuff
for your order and putting them in one basket. They give these baskets to the van-person, who
puts them in regional vans (based on highly algorythmic intelligent self-learning systems that
calculate which van should take how many orders and what route it will take to minimise fuel
consumption, time and effort)
