BigBasket is planning to go public within the next 18 to 24 months, as it capitalizes on the booming demand for quick online deliveries. CEO Hari Menon revealed that the Tata Group-backed grocery giant aims to double its business by March 2026 and expand its presence from 35 to 70 cities over the next year.
With quick commerce contributing 80% of its revenue, BigBasket is aggressively broadening its product range to include electronics, pharmaceuticals, and fashion. The company is also gearing up to launch 10-minute food delivery, entering a competitive space alongside Zomato’s Bistro, Swiggy’s Bolt, and Zepto Cafe.
As the quick commerce sector experiences high double-digit growth, BigBasket’s rivals, Swiggy Instamart and Zomato’s Blinkit, are ramping up investments to expand offerings and open more warehouses. Menon emphasized that product assortment will be a key differentiator in this highly competitive market.
While he did not disclose investment specifics, BigBasket’s IPO will mark a major milestone as it strengthens its foothold in India’s fast-growing quick commerce landscape.
