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Questions and Answers
BigBasket is a traditional brick-and-mortar grocery store.
BigBasket is a traditional brick-and-mortar grocery store.
False (B)
BigBasket was founded by a team with no prior retail experience.
BigBasket was founded by a team with no prior retail experience.
False (B)
BigBasket attracted over 50,000 customers within two years of its launch.
BigBasket attracted over 50,000 customers within two years of its launch.
False (B)
Venture capitalists initially supported BigBasket's vision without any skepticism.
Venture capitalists initially supported BigBasket's vision without any skepticism.
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BigBasket achieved breakeven in 2014, making it the first online grocery retailer in India to do so.
BigBasket achieved breakeven in 2014, making it the first online grocery retailer in India to do so.
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BigBasket differentiated itself from competitors by having no control over warehouse and transport operations.
BigBasket differentiated itself from competitors by having no control over warehouse and transport operations.
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