BigBasket, owned by Tata Group, aims to achieve profitability in six to nine months, according to co-founder Vipul Parekh. The company's slotted grocery delivery business is already profitable, while its quick commerce business is expected to become profitable in the next six to nine months. BigBasket's losses for its business to consumer arm increased to Rs 1,535 crore in FY23. The company is also considering expanding its offline presence and may prepare for an IPO in 2025.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fXmiYJ3
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