Question
Download Solution PDFWhich organization owns the popular online e-commerce platform 'BigBasket' ?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Tata Group
Key Points
- Tata Group: ✅ In 2021, Tata Digital, a subsidiary of Tata Group, acquired a majority stake in BigBasket, making it the official owner of the popular online grocery delivery platform.
- Alibaba: ❌ Previously held a minority stake in BigBasket, but does not own the company anymore after Tata Group’s acquisition.
- Microsoft: ❌ Microsoft is a major technology company but has no stake or ownership in BigBasket.
- Reliance Jio: ❌ Although Reliance has its own e-commerce ventures like JioMart, it does not own BigBasket.
Additional Information
- BigBasket was founded in 2011 and has become one of India’s largest online grocery platforms.
- With Tata Group’s acquisition, BigBasket is now part of Tata’s broader digital services portfolio, including other platforms like Tata Neu.
Hence, the correct answer is: option 3) Tata Group
Last updated on Jun 10, 2025
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