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Grofers hires 5,000 employees to cater to increasing demand

Online grocery retailer Grofers has hired 5,000 employees in its warehousing and front-end operations to cater growing demand, a top official said on Wednesday.According to a PTI report: The online grocery startup is also planning to expand its footprints...

Grofers to deploy 500 e-vans in fleet by Dec-end

Online grocery retailer Grofers on Monday said it plans to deploy about 500 electric vans to its last mile-delivery fleet as part of its sustainability efforts. The SoftBank-backed company had started a pilot with about 50 e-vans last year...

Grofers’ private label push: Looks to convert 200 brick-and-mortar stores into its branded outlets

Online grocery platform Grofers is working on converting about 200 brick-and-mortar stores into its own branded outlets over the next few months as it looks to expand its business and push its private label of products.According to a PTI...

Warehousing: The backbone of the e-commerce business

The warehouse industry in India has come a long way from godowns and mismanaged empty spaces to become the backbone of the growing e-commerce industry in India. Going by current industry estimates, the warehouse space in India will grow...

Grofers forays into packaged milk category; launches G-Fresh Milk

Grofers, India’s largest online discounter in the grocery space, announced its foray into the milk business with the launch of its milk brand- G-Fresh Milk.With this launch, Grofers joins the efforts of FFRC set up by FSSAI to fight...

Amazon expands Pantry to 110 Indian cities

E-commerce major Amazon.in Thursday said it has expanded its 'Pantry' service to over 110 cities in the country as it bets big on the grocery category to drive growth in business.Amazon Pantry has been aggressively expanding its presence to...

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 for new concepts that can make life easier for the time-pressed consumers. I believe one such booming introduction we saw...

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

Online grocery retailer Grofers Wednesday said it has raised over US$ 200 million (over Rs 1,400 crore) in funding, led by SoftBank Vision Fund.The series F funding saw participation from new investor, KTB, and existing investors, Tiger Global Management...

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 crore by FY’20. The company is also gearing up to hit the capital market with initial public offer (IPO) within...

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, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...
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