Submit Content

Forget Coupons, Basket Compares Savings, Grocery Shopping Lists Across Major Stores

Sponsored by Monday Properties and written by ARLnow.com, Startup Monday is a weekly column that profiles Arlington-based startups and their founders, plus other local technology happenings. The Ground Floor, Monday’s office space for young companies in Rosslyn, is now open. The Metro-accessible space features a 5,000-square-foot common area that includes a kitchen, lounge area, collaborative meeting spaces, and a stage for formal presentations.

The idea for Basket, a grocery shopping app that compares prices across stores, came to Neil Kataria, the startup’s co-founder, when he was just 9 years old.

Growing up, Kataria would clip coupons with his dad and compare his grocery list across the five stores local to him.

“I just loved doing it. It’s just part of my DNA,” Kataria said. “Why are people overpaying when that information is available? Just takes time to aggregate it and do it right.”

Fast forward to when Kataria moved to D.C. and had his second child in 2013. He comes home late from a trip and lugs in two boxes from Amazon holding 24 items of groceries and baby supplies. The price? $400, he said.

He went to local stores with his Amazon receipt and found that he could have saved 40 percent shopping at those local shops instead. The only problem was that this price comparison process took 12 hours.

At first, Kataria says that five retailers kicked him and his co-founder, Andy Ellwood, out of their stores when the two pitched Basket, Kataria said. Instead, the co-founers turned to user generated content, and created a game to get people to add prices from stores into the app.

“We spent the last three years building that community and being able to collect prices from every grocery store in the US,” Kataria said. “The community piece just started to kick off, to a point where we hit 1 million, 10 million, 100 million so fast.”

Food brands and retailers have now started approaching Basket for its content, which is a way the company can make money since the app does not require a fee to download nor does it have advertising.

Since March, the app now alerts users about sales going on in the store and compares prices with online retailers too. 

The startup began in 2014 in D.C. and then moved to Clarendon in 2016. The company raised raised $12 million in capital and has amassed 600,000 users since the app launched.

In the future, Basket wants to be able to incorporate recipes into the app, with which it could automatically tell users where to buy ingredients across various stores.

Kataria added that Basket wants to transform its in-store shopping experience by creating a list that can cross off items, and possibly be able to pay with Basket and get a 5 percent rebate.

“Seventy percent of people still use a paper shopping list or a text list,” Kataria said. “Our goal is to move that 70 percent and incrementally over to Basket over the next few years and, if we can do just 10 percent of that, we’re going to be really successful.”

Recent Stories

(Updated at 10 p.m.) Ireland’s Four Courts in Courthouse caught fire after a car barreled into it at the height of dinnertime Friday. The fire is now out after a…

After a steamy stretch, Mother Nature is rewarding us with a pair of new-perfect days. We hope you are able to get out there and enjoy the weather tonight and…

Adoptable Pet of the Week: Kimchi

The adorable Kimchi, a black and white Guinea Pig is the newest Adoptable Pet of the Week.

Open Houses includes a 1 BD/1 BA condo with an open floorplan and granite countertops listed at $350,000.

Do you struggle with anxiety, depression, stress, grief, trauma or anger? Are
you ready to make a change?

Lauren K. Nickum, LCSW, CSAC from Peaceful Mind Solutions is now taking new
clients for psychotherapy. Lauren has over 10 years of experience treating
mental health disorders and general life stress in adults and adolescents. For
more information visit
peacefulmindsolutions.com.

Submit your own Community Post here.

(This Community Post was written by Signature Theatre and underwritten by Embracing Arlington Arts.)

Signature Theatre just released single tickets for all 33rd season productions, which highlights the organization’s long-time relationship with legendary composer Stephen Sondheim. Beginning with the musical adaptation of The Color Purple and irreverent No Place to Go, the season continues with three Sondheim musicals, the DC premieres of Off-Broadway hit Which Way to the Stage and Pulitzer Prize finalist Selling Kabul, the Tony Award®-winning rock musical Passing Strange, and return of Signature’s cabaret series honoring legendary artists.

“Last November, the world lost an icon. The death of Stephen Sondheim was a blow to everyone in the theater community. Signature Theatre would not be the same without Sondheim — he IS Signature’s ‘signature.’ This season, we are honoring the legend with productions of Into the Woods, Pacific Overtures and Sweeney Todd dedicated to his memory. These shows represent the diversity and range of Sondheim,” said Signature’s Artistic Director Matthew Gardiner about the new season.

Read More

Submit your own Community Post here.

Azure Dream Day Spa Grand Opening

Azure Dream Day Spa is hosting their Grand Opening Celebration at their beautiful new spa located at 901 N. Quincy St. on Friday, August 12 from 5-9 p.m.

All are invited to come tour the new spa and to take

Running & Strength Training Group Workout #1

Join our first workout of Coach Kate’s fall Running & Strength Training Program on Tuesday, August 30 at 6:30 a.m. at Oak Grove Park.

First/trial session is Free Of Charge. If you would like to join the program — which

×

Subscribe to our mailing list