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Why e-grocery firms are walking the path of doom

With funding coming down and valuations being slashed, a number of start-ups in the country are struggling to meet their hiring commitments. All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars...

Online grocery delivery: Fundamentally flawed?

After almost a year-long funding frenzy that lasted until the end of 2015, the online food retail space, especially grocery delivery, doesn't seem to be heading for a revival any time soon. Under the grocery delivery format, two distinct e-grocery...

Urdoorstep's target: Profit with every transaction

Headed by a veteran with over two decades of experience in retail, Bengaluru-based online hypermarket, Urdoorstep.com, says that every single transaction on its platform is delivering a profit from the day one of its operation. With mere four months in...
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Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer

The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi:...
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