🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Shyam Kumar

Startup as a dream • 23d

From ₹30 crore in a day to bankruptcy – the rise and fall of Big Bazaar 2001 – the year India witnessed a retail revolution. Big Bazaar’s first store opened and made ₹30 crore on the first day itself. The tagline? “Sabse Sasta, Sabse Best.” The reality? It became the pride of Indian middle class shopping. But in 2025, Big Bazaar will be just a memory. So, what went wrong? Kishore Biyani had the vision, guts and execution power. From selling jeans in the 80s to launching Pantaloons and then Big Bazaar – he was building the Walmart of India before we even knew we needed it. But then came the debt. Rapid expansion funded by debt. Acquisitions without consolidation. Trying to enter insurance, e-commerce and more – without any preparation. And finally, Covid proved to be the nail in the coffin. Big Bazaar went from being retail king to history. What is the lesson? It's great to dream big. But without strong fundamentals and adaptability - even giants collapse.

2 replies17 likes
1
Replies (2)

More like this

Recommendations from Medial

Image Description
Image Description

Ansh Kadam

Founder & CEO at Bui... • 17d

Here’s how Mukesh Ambani killed Big Bazaar and acquired almost for free. In 2020, Big Bazaar was on the verge of bankruptcy. Kishore Biyani, its founder, was looking for a lifeline, and Mukesh Ambani came forward with a bold ₹24,000 Cr buyout offe

See More
2 replies31 likes
14
Image Description
Image Description

Jaswanth Jegan

Founder-Hexpertify.c... • 11m

“Powerhouse of Indian Retail to failure” Billions to Bankruptcy #4 Big Bazaar was started in 2001 by Kishore Biyani under future retail group.It was started as a one-stop shopping destination provided consumers with convenience and value, catering

See More
13 replies28 likes
4

anant

Nothing • 9m

Something big india coming soon. Is big bazaar sold to hindenburg. independence day sale now on hindenburg

0 replies
Image Description
Image Description

Vishu Bheda

 • 

Medial • 6m

In 2010, Big Bazaar was ruling Indian retail, unstoppable at 250 stores. Then came DMart—with just 10 stores—and changed everything. Here’s how they did it: Big Bazaar brought the supermarket culture to India and became a household name. However

See More
18 replies22 likes
5

Satyam Kumar

"Turning visions int... • 2m

Top 15 Failed or Declined Indian Companies 👇 1. Kingfisher Airlines (2012) Cause: Heavy debt, poor financial planning, failed merger with Air Deccan. 2. Satyam Computers (2009) Cause: Major corporate fraud involving falsified accounts worth ₹7

See More
0 replies11 likes
5

Shuvodip Ray

 • 

YouTube • 1y

This is a really nice read about the Big Bazaar story. Lots of interesting anecdotes from Mr Biyani himself!

0 replies9 likes
2

Shuvodip Ray

 • 

YouTube • 11m

In a significant move to bolster its financial position and support future growth, Bank of Baroda (BoB), one of India's largest public sector banks, has announced plans to raise substantial capital through debt instruments and long-term bonds. The ba

See More
0 replies9 likes
1
Image Description

Ashish Aggarwal

Hey I am on Medial • 3m

we have retail grocery shop,I wanted to expand business but quick e commerce platforms and big retail giants like dmart eating up the fortunes of small retailers

1 replies2 likes
Image Description

Akash Bhawal

Still Wondering • 1y

Why is there a fall in participation in stock market by retail traders? Year 2021 saw such huge participation and rise in retail traders. What went wrong?

1 replies3 likes

ProgrammerKR

 • 

Medial • 26d

Indian Government Expands Credit Guarantee Scheme for Startups The Indian government has doubled the Credit Guarantee Scheme for Startups, increasing the maximum loan cover from ₹10 crore to ₹20 crore. This will help startups access more capital and

See More
0 replies3 likes

Download the medial app to read full posts, comements and news.