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Albinder Dhindsa

Zomato reports Rs 36 crore profit after tax in Q2

Revenue from operations was Rs 2,848 crore in the quarter. In the year-ago period, it was Rs 1,661 croreNew Delhi: Online food delivery platform Zomato on Friday reported a consolidated profit after tax of Rs 36 crore for the...

The business of love on Q-commerce

How Q-commerce platforms added cheer to the Valentine’s Day celebrations of its customers New Delhi: In 2015, Indians spent approximately Rs 22,000 crore on Valentine’s Day, as per ASSOCHAM data. Valentine’s day has grown manifolds since then as a celebration...

Blinkit looking to expand dark store count

Quick commerce player Blinkit is looking to expand its micro-fulfilment centres or dark stores, targeting up to 40 per cent increase in store count in the next 12 monthsNew Delhi: Quick commerce player Blinkit is looking to expand its micro-fulfilment...

Grofers joins hands with leading global health company to launch ‘Deliver Safe Program’

RB (Reckitt Benckiser), a leading global consumer health and hygiene company, in partnership with Grofers, one of India’s leading online grocery retailers, announced the launch of ‘Deliver Safe Program’. RB India, in its collaboration with Grofers, has developed processes...

Milkbasket plans to launch IPO next year

Daily grocery delivery platform Milkbasket has advanced its plan to launch an initial public offering by the second half of next year, buoyed by strong growth in business in recent months amid the pandemic, a top company executive said. Speaking...

Grofers starts grocery sales with Rs 50 cr support to local partners

Softbank-backed online grocery seller Grofers on Saturday announced a nine-day sales scheme and Rs 50 crore working capital and advance payments support for partners manufacturing products locally. The company aims to sell 9 crore items produced by its partners including...

Lockdown gave boost to sustainable biz, pushed closer towards profits: Grofers

Softbank-backed Grofers on Tuesday said the lockdown period has given its business a boost towards sustainability and helped it move closer to hitting profits by the end of next year. According to a PTI report: The online grocery platform, which...

Grofers advances IPO listing target to 2021-end

Softbank-backed Grofers has advanced its plan to launch an initial public offer by the end of next year after its profitability path zoomed during the lockdown period, a top official of the company said. Albinder Dhindsa, Co-founder and CEO, Grofers...

Grofers to hire 5,000 people over 2 weeks to ramp up capacity

Online grocery platform Grofers is looking at hiring 5,000 employees to ramp up its capacity to meet the spike in orders amid the nationwide lockdown. The company has also partnered with resident welfare associations (RWAs) of over 100 societies...

E-commerce firms resume partial operations, deliveries to be delayed

Some e-commerce companies on Friday partially resumed operations for the sale of groceries and essential items but deliveries to customers will be delayed, according to company officials. According to a PTI report: A leading e-commerce firm said players in the...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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