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BigBasket’s FY24 revenue exceeds Rs 10,000 crore with 6% growth, while losses drop by 17%.

Summary BigBasket’s Strategy Shifts Towards Quick Commerce Tata Digital-owned BigBasket has undertaken its most significant restructuring, shifting toward fast-growing quick commerce and setting an ambitious target of $1.5 billion in total sales for FY25. It is now focusing on grocery delivery within 10-15 minutes with aggression to take on Blinkit, Swiggy Instamart, Zepto, and Flipkart…

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Blue Tokai coffee brand has secured $35 million in a Series C funding round, invested by Verlinvest

Blue Tokai, India’s largest speciality coffee and bakery brand, has raised $35 million in its Series C funding round led by Verlinvest, a global investment firm focused on FMCG, health, consumer technology, and lifestyle sectors. Existing investors include Anicut Capital and A91 Partners, who also participated in this funding round. This infusion of funds would…

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