Insta
Representative image. (Hemant Mishra/Mint via Getty Images)
Bangalore-based the online grocery platform BigBasket has plans to invest $100 million in strengthening its distribution centres to reduce delivery time and ensure quality of dairy and fresh produce, reports Press Trust of India (PTI).
The company is looking to set up vending machines and smaller distribution centres across various cities it operates in. It currently is functional in 25 cities.
BigBasket has set up 200 vending machines at various sites in Bangalore city and plans to open 2000 more in the next year across ten large cities. These machines can be used by customers to buy groceries by accessing their BB app on their smart devices.
As part of strengthening its distribution centres and enabling two-hour delivery in top 10 cities, BigBasket is ramping up its current 18 large and 80 smaller distribution centres to 20 large and 100 smaller ones by June this year.
Vipul Parekh, BigBasket co-founder said “We have been re-engineering our supply chain to allow for faster delivery to our resellers and to reduce the time from farm to our customers. This coupled with an expansion in our range of private label products will create a solid foundation for growth in both revenue and profitability.”
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest