Albinder Dhindsa
Food
‘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 initiative to contribute 25-30 percent of its revenue this fiscal.According to a PTI report: Grofers, which competes with BigBasket and...
Food
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 model that it expects will be used to deliver half of its overall order volumes.Under its 'Grofers Service Partners' Programme...
Food
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...
Food
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...
Food
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...
Food
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...
Food
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
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...
Food
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...
Retail
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...
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Maha Kumbh expects to generate 12 lakh gig jobs across sectors: NLB Services
The observations by global technology and digital talent solutions provider NLB Services are based on internal data analysis and...
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