BigBasket
Coy Grofers won't touch liquor, while BigBasket, Amazon, Swiggy and Zomato grab a keg
“We serve families mostly, so not looking to get into this,” Grofers co-founder and CEO Albinder Dhindsa said.
Removing Chinese apps from your phone is the opposite of self-reliance
Several Indian startups such as Paytm, Swiggy, Zomato, Ola and BigBasket have Chinese investors. Shunning the apps hurts Indian startups.
Government rejects Flipkart's plan to enter food retail sector
The company spokesperson said that Flipkart intends to re-apply for the permit
JioMart, self-declared as a kirana store aggregator, launches in 200 cities without them
Grocery is 70% of Indian retail market, with 90% driven by neighbourhood shops. Will Reliance include them, subdue them or wipe them out?
Amazon India says it will add 50,000 temp roles but where are the migrant workers to take up the jobs?
It may struggle to employ people for warehousing and delivery to meet surging demand, as many such roles were being fulfilled by migrants.
Non-essential items cannot be sold by Amazon, Flipkart, government's revised order says
There was talk of some retail traders mounting pressure on the government that local shops be allowed to sell non-essentials items
Grocery start-up Bigbasket gets USD 14.5 million in venture debt
Bigbasket will use the fresh funds to set up warehouses and boost its cold chain.
Grofers raises USD 200 mn led by SoftBank Vision Fund for market expansion
This represents the largest primary financing round in the online grocery sector in India, Grofers said in a statement.
BigBasket to invest USD 100 mn to set up vending machines, distribution points
The company is investing in setting up unmanned vending machines - BB Instant - in office and apartment complexes.
New entrants struggle in online grocery space
The $1 billion hyperlocal online grocery space is heavily dominated by BigBasket and Grofers with a 71 per cent market share.