New Delhi, Feb. 28 -- BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones.

The company is on track to double its business year-on-year by March 2026 and expand to about 70 Indian cities from 35 currently over the next year, CEO Hari Menon told Reuters on the sidelines of a retail summit in Mumbai. He stopped short of detailing any investment plans.

BigBasket's plans for its listing in India come as the domestic quick commerce industry sees high double-digit sales growth, with rivals such as Swiggy's Instamart and Zomato's Blinkit racing to make the most of red-hot demand for ...