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Amazon launches grocery delivery app in Bengaluru

Bangalore: E-Commerce giant Amazon launched a grocery delivery app, wriggling its way into the already crowded hyperlocal grocery delivery market. The space is currently occupied by domestic players like Grofers, LocalBanya and PepperTap. The app, Amazon Now, will provide shoppers...

Online grocer Town Essentials raises USD1m from HNIs

Bangalore-based online grocer, Town Essentials, has reportedly raised USD1 million (Rs. 6.7 crore) in a fresh round of angel funding from a group of HNIs. Investors in the round included Infosys’ first non-founder employee Sharad Hegde as the lead investor,...

The Technology Imperative: Converting an Influencer into Enabler

Retailers in India have invested and have made technology an integral part of their operations, speakers at the Technology Session noted at the South India Retail Summit conference held in Bengaluru on December 10. Moderated by Bino George, Head of...

To ‘E’ or not to ‘E’

E-grocery has been growing exponentially in India like other e-commerce businesses. Some companies projected their pan-India expansion plans where as some just want to remain local players. However, all these companies are continuously working to make their business profitable...

BigBasket expects contribution from PLs to touch 50% by year end

As the food & grocery retail business in India moves towards greater maturity, online grocers are increasingly investing in private labels, in order to expand their portfolio for higher margins and enhance brand loyalty with customers. E-grocers like BigBasket, LocalBanya,...

The e-grocery face-off: Hyperlocals v/s Marketplaces

The proliferation of online grocery retail formats – arguably the headline news in the modern Indian retail evolution story – is causing both excitement and concern in various quarters of the investor community. While an assortment of venture capital...

Ola pilots grocery delivery app

Taxi-hailing service Ola has reportedly launched a pilot project called Ola Store to deliver groceries. The company, which initiated the Ola Café service into its smartphone app in April, has emailed select customers to try out the new grocery...

Trouble getting produce to stay fresh on the web? It’s all in real-time logistics

Online grocers, the newest ventures within the fledgling e-commerce business, are aggressively trying to crack, possibly, the toughest category for e-tailers: fresh produce. The economics of grocery delivery are extremely difficult, given the complexities of fresh foods, the required infrastructure...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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