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Next-gen e-commerce: BigBasket’s Hari Menon to track the quick-commerce surge and currency of speed amid big opportunities—register now to join the Fireside chat at ET Soonicorns Summit 2024

Economic TimesEconomic Times · 11m ago
Next-gen e-commerce: BigBasket’s Hari Menon to track the quick-commerce surge and currency of speed amid big opportunities—register now to join the Fireside chat at ET Soonicorns Summit 2024
Medial

The e-commerce sector in India is projected to grow from $3.349 billion to $9.951 billion by 2029. Quick commerce, which focuses on accessibility and fast deliveries, is driving the growth of leading FMCG companies in the e-commerce space. To discuss this, Hari Menon, Co-Founder of BigBasket, will be speaking at the Economic Times Soonicorns Summit in Bengaluru. Menon, a pioneer in India's e-commerce landscape, will share insights on the rapid growth of quick commerce and BigBasket's strategies for success. The summit will feature discussions on various topics within the startup ecosystem of India.

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ET Soonicorns Summit 2024: Reverse-flipping a trend, the future language of machines might be English, funding spring imminent, Karnataka’s booming startup ecosystem, and bridging the gender funding gap—morning wrap

Economic TimesEconomic Times · 11m ago
ET Soonicorns Summit 2024: Reverse-flipping a trend, the future language of machines might be English, funding spring imminent, Karnataka’s booming startup ecosystem, and bridging the gender funding gap—morning wrap
Medial

The ET Soonicorns Summit 2024 in Bengaluru featured various insightful sessions. BV Naidu, Chairman of Karnataka Digital Economy Mission, highlighted the thriving startup ecosystem in Bengaluru, which has produced 53 out of India's 115 unicorns. Hari Menon, Co-founder of BigBasket, discussed the growth of quick commerce, while Mayank Kumar, Co-founder and MD of upGrad, explored the future of machine learning and coding languages. Other panels addressed topics such as reverse-flipping startups, bridging the gender funding gap, and balancing regulatory issues in fintech. The summit continues with sessions on fundraising strategies.

To India with love: boAt founder Aman Gupta to delve deep into product innovation, building a household brand, challenges, and lessons at the ET Soonicorns Summit 2024

Economic TimesEconomic Times · 11m ago
To India with love: boAt founder Aman Gupta to delve deep into product innovation, building a household brand, challenges, and lessons at the ET Soonicorns Summit 2024
Medial

The ET Soonicorns Summit 2024 is scheduled to take place on September 20 in Bengaluru. This edition of the summit will focus on celebrating soonicorns - startups on the verge of becoming unicorns. A special Fireside chat with Aman Gupta, founder and CMO of boAt, will be held, discussing the journey of building a successful D2C brand. The summit aims to provide insights into product innovation, consumer-centric approaches, appealing to Gen-Z, data-driven strategies, and entrepreneurial resilience. The event will feature key industry leaders, investors, founders, and policymakers sharing their expertise. Registration for the summit is available.

Kiranas are here to stay despite growing quick commerce adoption: BigBasket’s Hari Menon

Economic TimesEconomic Times · 11m ago
Kiranas are here to stay despite growing quick commerce adoption: BigBasket’s Hari Menon
Medial

BigBasket CEO Hari Menon believes that traditional kirana stores will continue to thrive despite the rise of quick commerce platforms. He emphasized the convenience and credit offered by kiranas and predicted that they would become more efficient and start delivering to homes, even without using an app. Menon admitted that he had initially been skeptical about the quick commerce model, but acknowledged its growing popularity, particularly in the grocery sector. He also highlighted the importance of solid execution and supply chain efficiency rather than simply relying on capital investment. Menon shared that BigBasket was selling three to four iPhones per minute through their quick commerce platform.

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