Innovative Retail Concepts Pvt Ltd (BigBasket)
Consumer Internet · Online Grocery / E-commerce
Awaiting a verified source quote. No third-party quote is on record for this company yet, so there is no indicative price to show — and we would rather leave it blank than print a number we cannot stand behind. Our team can confirm the current dealable level directly.
Indicative private-market reference — not an exchange quote. Not investment advice.
- Implied valuation
- Not available
- Revenue growth
- Not disclosed
- EBITDA margin
- Not disclosed
- Prospera Score
- Not yet scored
What the market says, and what we know.
Two separate things, deliberately shown side by side: a sourced private-market price reference, and the depth of research that actually stands behind this company today.
No third-party quote has been sourced for this company yet, so there is no market reference to show. Ask us to check the current level and we will come back with what the market is actually doing.
- Research Universe — availableCatalogued as a strategically relevant private-market company.
- Basic Research — availableBusiness and ownership facts verified against primary sources — 2 sourced records on file.
- Deep Research — not availableNot started. No financials, no implied valuation and no Prospera Score exist for this company.
- Prospera Recommendation — not availableNo Prospera view has been published. Presence in the universe is not a recommendation.
Indicative Private-Market Price History
Real, dated third-party observations only — plotted where they exist, never interpolated, extended or carried forward. This is a record of private-market sightings, not a live exchange chart.
Price history not available. No dated third-party quotes have been sourced for this company yet.
The business, in plain English.
Assembled only from records that exist for this company. Anything not disclosed says so.
- Founded
- 2011
- Headquarters
- Bengaluru, Karnataka
- Sector
- Consumer Internet · Online Grocery / E-commerce
- Promoters
- Hari Menon, Vipul Parekh, V S Sudhakar, Abhinay Choudhari
What it does
BigBasket runs an online grocery and daily-essentials platform offering both scheduled next-day delivery and a rapid quick-commerce format (BB Now), competing in India's fast-growing online grocery segment while majority-owned by the Tata Group. It earns revenue primarily through retail margins on groceries and household goods sold via its app and website.
Source: SightsInPlus, Tata Digital acquisition coverageWhy it matters
Competes with Zepto, Blinkit and Swiggy Instamart in quick commerce, and with Reliance's JioMart and neighborhood kirana stores in scheduled grocery delivery.
Source: Not attributedOwnership structure
Tata Digital, a wholly owned subsidiary of Tata Sons, holds a majority (~64.3%) stake in BigBasket's B2B unit Supermarket Grocery Supplies Pvt Ltd, acquired through primary and secondary deals in 2021; founders remain invested and in operating roles under Tata ownership
Promoters & principal holders: Hari Menon, Vipul Parekh, V S Sudhakar, Abhinay Choudhari
Private-market context
Unlisted; majority-controlled by Tata Digital since 2021; management has flagged a possible IPO within roughly 18-24 months, funded via Tata's internal capital rather than fresh external fundraising
What to understand before investing
- Unlisted shares can be difficult to sell. There may be no continuous market and no guaranteed buyer at the price you see.
- Any price shown here is an indicative private-market reference, not an exchange quote and not an executable price.
- An expected IPO may be delayed, repriced or never happen at all.
- A good company can still be a poor investment at the wrong valuation.
Research is not yet complete for this company.
We would rather say that plainly than publish a page that looks finished.
No financials, no implied valuation and no peer comparison have been researched for this company yet.
No Prospera Private Market Score and no Prospera view exist. Being in our universe is not a recommendation, and we will not manufacture one to fill this space.
What you can rely on above is what has actually been verified: the company's identity and business facts, any sourced price observations on record, and any risks that have been documented. If you want us to prioritise deeper work here, ask — that is genuinely how the queue gets set.
What could go wrong.
Documented, per-company risks — grouped by the categories the research itself recorded. There is no risk score here, because we do not compute one.
Business
1 recorded riskFacing intensifying quick-commerce competition from Zepto, Blinkit and Swiggy Instamart, which have out-invested BigBasket's traditional scheduled-delivery model, forcing a costly pivot toward instant delivery.
Source: Industry coverageGovernance
1 recorded riskMedia reports (denied by the company) of a possible CEO transition ahead of a planned IPO indicate leadership-succession uncertainty under Tata's stewardship.
Source: Business StandardWhat's happened, and why it matters.
Dated, sourced events only — recorded as they were reported, in reverse order of significance to a private-market holder.
- Other2 Sept 2025
Tata denies reports of CEO Hari Menon's exit amid leadership-shuffle speculation
Points to succession uncertainty at a time Tata is reportedly considering a broader leadership reshuffle ahead of a planned IPO and a bigger quick-commerce push
Source: Business Standard
Everything traceable.
Every figure on this page comes from one of the records below. Where a source published a link, it is here.
| Field | Source | As of |
|---|---|---|
| Business Description | SightsInPlus, Tata Digital acquisition coverage | Not disclosed |
| Competitive Position | Not attributed | Not disclosed |
Interested in Innovative Retail Concepts Pvt Ltd (BigBasket)?
Every option below opens a conversation with a person at Prospera. Nothing here places, reserves or executes an order.
We will come back with the current dealable level, the available lot size and what the process actually involves. Indicative prices shown on this page are private-market references, not executable quotes.