Grofers
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.
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
Amazon says its deliveries are safe, measures taken to protect staff and customers
The assurance comes a day after a pizza delivery boy tested positive for COVID-19, and 72 families he came in contact with were quarantined
Subscription works for e-com
In the broader consumer internet space, online streaming platforms have been working on full or partial subscription models.
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.
Grofers plans on doubling sales to Rs 5,000 cr by FY20; eyes IPO in 3 yrs
The online player that was last valued at USD 600 million has moved out of hyper-local delivery model 3 years ago.
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.