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

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

Online grocery retailer Grofers Wednesday said it has raised over US$ 200 million (over Rs 1,400 crore) in funding,...
Grofers targets profitability by FY21, IPO in 3 years

Grofers targets profitability by FY21, IPO in 3 years

Online supermarket major Grofers India is pursuing profitability by consolidation and focussing on doubling its sales to Rs 5,000...
BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

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,...
Grofers crosses Rs 300 cr sales in single month

Grofers crosses Rs 300 cr sales in single month

Grofers, the low price online supermarket, announced the record revenue of Rs 310 crore in January 2019. With this,...
Grofers eyes Rs 200 cr GMV from Grand Orange Bag Days sale

Grofers eyes Rs 200 cr GMV from Grand Orange Bag Days...

SoftBank-backed Grofers aims to clock gross merchandise value (GMV) of over Rs 200 crore during its ongoing Grand Orange...
Grofers eyes $2.5 billion in revenue by 2020

Grofers eyes $2.5 billion in revenue by 2020

SoftBank-backed Grofers aims to garner $2.5 billion (approximately Rs 17,500 crore) in revenue by 2020 as it scales up its private...
'Group buying' to contribute 25-30 pc of revenues in FY19: Grofers

‘Group buying’ to contribute 25-30 pc of revenues in FY19: Grofers

Online grocery platform Grofers Friday said it is scaling up its 'group buying programme' (GBP) pan-India and expects the...
Grofers partners with local businesses for last mile delivery

Grofers partners with local businesses for last mile delivery

Online grocery firm Grofers said Monday it is partnering with local entrepreneurs to help with last mile delivery, a...
Grofers eyes over Rs 2,500 cr revenue in FY19

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...