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Albinder Dhindsa

Grofers eyes over Rs 2,500 cr revenue in FY19

Online grocery firm Grofers expects its revenue to cross Rs 2,500 crore this fiscal on the back of strong addition of new customers along with increasing cart sizes of existing users.According to a PTI report: The SoftBank-backed company, which...

Grofers to enter FMCG segment; targets Rs 2,500 crore revenue by FY19

Online grocery firm Grofers has announced that it is entering the FMCG segment and targeting an overall revenue of Rs 2,500 crore by FY2019.The company recently launched seven new brands under two categories Budget and Popular G-Brands."With this, Grofers' private labels expands to...

Grofers registers five-fold sales growth on first day of FY’ 2018

With many firsts starting this financial year, FY 2017-18 led a significant shift in the online grocery shopping trends among Indians. Low price online super market, Grofers on Wednesday announced its successful growth registering a strong single day sale...

Grofers introduces UPI payment option on Android mobile app

Online food and grocery retailer Grofers has introduced Unified Payment Interface (UPI) payment option for all its Android app users. Following the rollout, all Android users of Grofers can use UPI to pay for their shopped groceries and other...

The changing landscape of food retailing in India

A joint report by National Restaurants Association of India and Technopak Advisors state that the foodservice market in India is projected to touch Rs 4.98 trillion by 2021. These are no small numbers as in 2016, the market was...

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

Grofers launches loyalty program ‘Smart Bachat Club’

Low-price online supermarket Grofers has launched a membership subscription based service for its customers, 'Smart Bachat Club' this month.According to a ANI report: It is the first loyalty program of its kind for any online grocery player in the...

How e-commerce companies are building a strong platform for growth in 2018

2017 witnessed a move that proved to be a fillip for the India economy.According to a ANI report: Implementation of the Goods and Services Tax (GST) on July 1, changed the advent of events in the year 2017, which...

Grofers introduces postpaid grocery shopping

Grofers, the low price online supermarket has joined hands with Simpl and launched 'Postpaid Grocery Shopping' in its industry-first initiative to help customers to avoid deferring their purchase to their initial salary days of the month. According to a ANI...

Grofers gets DIPP approval for online trading of food products

Online grocery firm Grofers has received Government nod for retailing food products in India and will invest US $40 million to expand operations in the country. Grofers was the first company to seek in August last year approval under the...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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