Tata Digital Buys Majority Stake in BigBasket
Tata Digital Limited, a 100 percent subsidiary of Tata Sons Private Limited, has acquired a majority stake in Supermarket Grocery Supplies Private…
Malaysia's First Online Grocer Jocom Raises S$5.6 mn for National & Global Expansion
The company behind Malaysia’s first grocery mobile app Jocom International Holdings SDN. BHD. has successfully listed part of its share capital on…
BigBasket Reports 44 pc Y-o-Y Increase in Revenue from Operations in FY20
Innovative Retail Concepts, the retail arm of BigBasket, has reported a nearly 44 percent year-on-year increase in revenue from operations at Rs 3,…
Softbank-Backed Grofers' Revenue Doubles to Rs 177 cr; Losses Widen
Online grocery firm Grofers has announced that its revenues for the financial year 2019-20 increased 111 percent over the previous financial year to…
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Tata Group Set To Pump In $200-250 Mn in BigBasket
The Tata Group will infuse about $200-250 million in the online grocery platform BigBasket. This is part of Tatas’ larger agreement to buy a majority…
Reliance launches Jiomart to sell grocery online soon
Reliance Industries has launched its online portal Jiomart. With this, India’s biggest company by market value is making its entry into online food…
Grofers strengthens footprint to 27 cities
SoftBank-backed Grofers has strengthened its footprint to 27 cities in India, including Vadodara, Meerut, Rohtak, Panipat, Agra, and Durgapur. The…
Online grocery retailer Grofers eyeing tier-II cities for expansion
Grofers is planning to expand its footprints in the tier-II cities next year. The online grocery retailer will later evaluate whether the retailer…
With latest venture debt investment, BigBasket aims to set up new warehouses & facilities
BigBasket, an online grocery company, has received Rs 100 crore in venture debt from Trifecta Capital. The company will use the funds to meet its…
With $24.2 mn funding, Grofers adds further momentum to the grocery sector
Grofers, the online grocery delivery startup, has received an investment of around $14.2 million from its Singapore-based entity, Grofers…
Online grocery platform Grofers looks to push its private label products
Grofers, the Gurugram-based online grocery platform, is converting 200 brick-and-mortar stores into its own branded outlets over the next few months…
Online grocery marketplace Jumbotail raises fresh funds? in? Series-?B ?round
In order to fuel its expansion plans, Jumbotail, an online wholesale marketplace for food and grocery products, has raised Rs 90 crore in a series B …
BigBasket aims to double its revenue in FY20
BigBasket, an online grocery major, is targeting to double its turnover in FY20, cashing in on the booming online grocery business. Hari Menon, CEO…
Flipkart introduces online grocery store 'Supermart' in Mumbai
Flipkart, a leading e-commerce player, has launched its online grocery store ‘Flipkart Supermart’ in Mumbai. The launch is part of the company’s move…
Grofers to enter FMCG segment; targets Rs 2,500 crore sales in FY19
New Delhi: Online grocery player Grofers today said it plans to enter the FMCG segment and the company is targeting overall revenue of Rs 2,500…
Kroger to test grocery deliveries with driverless cars
Kroger Co., Cincinnati-based supermarket brand could keep away its customers from crowded grocery aisles by introducing a fleet of diminutive…
Dial Future Group for your milk, bread, egg need every morning
New Delhi: Competing its rivals in the grocery and milk delivery firms, Kishore Biyani’s Future Group has announced to start morning doorstep…
Kroger buys Chicago-based Home Chef for $200 mn
Kroger, has planned to buy Chicago-based meal-kit seller Home Chef for $200 million in order to grab a larger chunk of the online grocery market…
Online Grocery Startup Milkbasket Raise $7 Mn Series A Round
Day-to-day grocery delivery startup Milkbasket has raised $7 million in a Series A funding led by Kalaari Capital with participation from its…
Walmart joins hands with Postmates to expand online grocery delivery
Walmart Inc has claimed to have partnered with delivery service Postmates Inc in Charlotte, North Carolina, as part of the retailer's plan to…
BigBasket's wholesale arm generates Rs 1,176 cr Turnover In 2017 Fiscal
The wholesale arm of online grocer BigBasket has registered double growth in its revenue to Rs 1,176 crore in FY17 from Rs 563 crore in the last…
Grofers To Deliver Groceries Via E-rickshaws In Delhi-NCR
Online grocery startup Grofers has confirmed to have commenced delivery operations via e-rickshaws in the national capital to reduce delivery cost…
Casino's Monoprix Teams Up With Amazon For Grocery Delivery
French supermarket group Casino has made available its grocery items sourced from its Monoprix chain of stores on Amazon's Prime Now service for…
Paytm Mall in talks to invest Rs 200 crore in BigBasket for minority stake
Alibaba backed e-commerce venture, Paytm Mall, is in talks to buy a stake in online grocery start-up, BigBasket. The online marketplace is likely…