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Grofers

Grofers rakes in Rs 1000 crore annual revenue in 2017

December 22, 2017 |by indiafood forum | Comments Off on Grofers rakes in Rs 1000 crore annual revenue in 2017 | FOOD & GROCERY | ,

During GST transitional phase, a low supply in offline channels proved to be a period of online grocery adoption, which in a way has helped the company to gain consumers…READ MORE

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Online Grocery Startup Bigbasket Raises $5 Mn From Helion Ventures; Grofers Fills Its Bucket With $14.7 Mn

October 27, 2017 |by indiafood forum | Comments Off on Online Grocery Startup Bigbasket Raises $5 Mn From Helion Ventures; Grofers Fills Its Bucket With $14.7 Mn | FOOD & GROCERY | ,

Bengaluru-based online grocery startup Bigbasket has raised $5 Mn (INR 32.65 Cr) from Helion Ventures Partners…READ MORE

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Grofers increases size of sales basket to Rs 768 crore

August 18, 2017 |by indiafood forum | Comments Off on Grofers increases size of sales basket to Rs 768 crore | FOOD & GROCERY | ,

GST, marketing blitz, and a focus on popular products pay off for the online grocer of today…READ MORE

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Grocery Shopping Apps: Who is Getting the Bigger Slice of the Pie?

June 6, 2017 |by indiafood forum | Comments Off on Grocery Shopping Apps: Who is Getting the Bigger Slice of the Pie? | FOOD & GROCERY | , , , ,

Want to pick up some groceries for the week, but don’t have the time? There are a number of apps that can help you with that – BigBasket, Grofers, ZopNow and AmazonNow are a few of the choices…READ MORE

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Grofers sets up seller structure similar to Flipkart’s to comply with FDI norms

February 7, 2017 |by indiafood forum | Comments Off on Grofers sets up seller structure similar to Flipkart’s to comply with FDI norms | FOOD & GROCERY | , ,

Grofers India Pvt. Ltd has identified at least three large sellers who will sell products on its platform so as to comply with India’s foreign direct investment norms even as the grocery delivery start-up tries to move from a hyperlocal delivery model to an inventory-led one, two people aware of the development said on condition of anonymity…READ MORE

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India’s top two grocery startups – Bigbasket and Grofers – aren’t merging

January 24, 2017 |by indiafood forum | Comments Off on India’s top two grocery startups – Bigbasket and Grofers – aren’t merging | FOOD & GROCERY | , , , ,

On-demand grocery startups Big Basket and Grofers say they are not merging, irrespective of what media reports  claim. Big Basket CEO Hari Menon and Grofers CEO Albinder Dhindsa responded to an article in The Times of India, which said the companies have held merger talks, though the discussions are in a preliminary stage and have moved slowly…READ MORE

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How Grofers is gearing up to survive against Amazon, BigBasket

November 11, 2016 |by indiafood forum | Comments Off on How Grofers is gearing up to survive against Amazon, BigBasket | FOOD & GROCERY | , , ,

With an aim to drive profitability and reduce cash burn, Softbank-backed grocery delivery firm Grofers is betting big on next day shipments as it passes on the express delivery responsibility to the partner merchants…READ MORE

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Grofers clocks Rs 24 lakh loss per day; CEO Dhindsa says worst is over

July 28, 2016 |by indiafood forum | Comments Off on Grofers clocks Rs 24 lakh loss per day; CEO Dhindsa says worst is over | FOOD & GROCERY | ,

Online grocer and delivery player Grofers is clocking losses of R24 lakh per day, according to the firm’s CEO Albinder Dhindsa, report Anushree Bhattacharyya and Hita Gupta in New Delhi. Dhindsa told FE the business is reporting revenues of Rs 16 lakh a day…READ MORE

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