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Grofers to deploy 500 e-vans in fleet by Dec-end

Online grocery retailer Grofers on Monday said it plans to deploy about 500 electric vans to its last mile-delivery fleet as part of its sustainability efforts. The SoftBank-backed company had started a pilot with about 50 e-vans last year...

Warehousing: The backbone of the e-commerce business

The warehouse industry in India has come a long way from godowns and mismanaged empty spaces to become the backbone of the growing e-commerce industry in India. Going by current industry estimates, the warehouse space in India will grow...

Amazon expands Pantry to 110 Indian cities

E-commerce major Amazon.in Thursday said it has expanded its 'Pantry' service to over 110 cities in the country as it bets big on the grocery category to drive growth in business.Amazon Pantry has been aggressively expanding its presence to...

Decoding the rapid rise of online grocery shopping in India

Over the past few years, the online grocery industry has seen truly exceptional changes. E-commerce retailers are always looking for new concepts that can make life easier for the time-pressed consumers. I believe one such booming introduction we saw...

Grofers raises US$ 200 mn led by SoftBank Vision Fund for market expansion

Online grocery retailer Grofers Wednesday said it has raised over US$ 200 million (over Rs 1,400 crore) in funding, led by SoftBank Vision Fund.The series F funding saw participation from new investor, KTB, and existing investors, Tiger Global Management...

Mirae-Naver, Alibaba, CDC invest US$ 150 mn in BigBasket

South Korean Asset financial group Mirae-Naver, Chinese e-tail behemoth Alibaba group and British development finance institution CDC on Monday said they have collectively invested US$ 150 million (Rs 1,040 crore) in grocery major BigBasket's firm Supermarket Grocery Supplies Ltd."The...

BigBasket to invest US$ 100 mn to strengthen supply chain

Alibaba-backed company BigBasket is pumping in US$ 100 million (about Rs 698 crore) to strengthen its supply chain by setting up vending machines and smaller distribution centres across various cities it operates in.According to a PTI report: The online...

BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...

bigbasket expands its offerings to include beauty products

bigbasket has made its foray into the beauty and cosmetics category. The company is already a leader in FMCG sales, staples, and fruits and vegetables, has about 10 million subscribers, and is clocking over 1 lakh orders per day....

How the retail industry has fared in 2018

The overall retail market in India 2018 stood at Rs 43,251 billion and is forecast to grow by 6.4 percent CAGR in 2018-2023. Retailing in India still predominantly takes place in physical stores and shopping behaviour between urban and...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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