BigBasket feels qcomm heat; PhysicsWallah clears Sebi test

A decline in BigBasket’s turnover indicates increasing competition from quick commerce players. This and more in today’s ETtech Top 5.

Also in the letter:
■ Shubman Gill puts on investor cap
■ Taxman’s AI
■ Alphabet & Tesla: Two tales of Q2

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BigBasket loses steam as quick commerce intensifies

Tata Digital-owned BigBasket is feeling the heat as quick commerce players like Blinkit, Zepto, and Swiggy Instamart tighten their grip on urban grocery demand. The pressure is showing in the numbers.

Driving the news:

• Tata Sons’ FY25 annual report…