what aided big basket to flourish right in the beginning
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Flourishing of Big Basket right in the Begining
Explanation:
Big basket is one the fastest growing online grocery store and supermarkets. With the modernization of the Indian market, the exponential growth of online shopping Big Basket flourished right in the beginning.
Big Basket was an online start-up started by 5 people namely-
- Mr. Hari Menon
- Mr. V. S. Sudhakar
- Mr. Vipul Parekh
- Mr. Abhinay Choudhari
- Mr. V. S. Ramesh.
They all had a different perception of starting a business and had different experiences and in various areas.
When they finally launched Big Basket in India after Fabmall, they were able to raise around 75 crore rupees from the first round of funding by the Ascent Capital Group which gave them the boost they required to establish.
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