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Grofers becomes a unicorn after Zomato reportedly invests $120 million

Gurugram-based grocery delivery startup Grofers has reportedly entered the unicorn club, after rais…

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Grofers' recent 8-day sale clocked ₹515 crore in revenue but consumer sentiment was 'low'

It sold 8 crore units in its latest Grand Orange Bag Day sale, out of which their in-house ran…

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Softbank-backed Grofers aims to go for an IPO by 2021, CEO says path to profitability accelerated during lockdown

Grofers co-founder and CEO Albinder Dhindsa told that the company started making operational profit…

PTI   


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Here’s why Indians are ditching vendors and buying vegetables online even if it’s costly

If statistics of the online grocery company is to be believed, around 70% of Bigbasket's daily orde…

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1 min read

Grofers has had a good run so far, aims at operational break-even by year end

"Before we go after growth again, we need to figure out what is making money for us, where we can s…

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Zomato registers ₹125 crore profit in Q3 FY24, revenue up 53%

Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third qu…

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Zomato hikes platform fee to ₹4 across key cities after bumper NY Eve

Buoyed by record food orders on New Year's Eve, food delivery platform Zomato increased its mandato…

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Blinkit starts home delivery of 'Make-in-India' iPhone 15, 15 Plus

Following the success of hosting Apple iPhone 14 and iPhone 14 Pro on the platform last year, Zomat…

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3 mins read

Zomato net loss narrows to ₹188 crore in Q4, revenue rises 70% YoY

Online food delivery platform Zomato on Friday said that its consolidated net loss narrowed to abou…

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After giving up on 90-minute delivery five years ago due to lack of profitability, Grofers is now chasing 10-minute delivery

Zomato-backed groceries delivery startup Grofers has decided to rebrand itself to Blinkit as it aim…

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4 mins read

INTERVIEW: Grofers founder explains why he rushed to rebrand the startup and his plans seem ambitious

“We were doing it [rebranding and focusing on faster delivery] out of the mind that we either out-i…

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1 min read

Grofers puts on a new name, Blinkit, to show how the focus of its business is changing

The rebranding comes months after the company launched an initiative to deliver groceries in 10 …

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Grofers cofounder Saurabh Kumar exits, says he wants to ‘wander again’

Kumar, in a farewell email to employees at Grofers, wrote “I haven't known a life outside Grof…

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Grofers says stoppage, arrest of riders during Janta Curfew delay order delivery

"State Government and local administration are advised to exempt e-commerce operations (warehousin…

PTI   


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Grofers says its delivery agents were arrested during Janata curfew, led to a delay of 60,000 orders

However, grocery delivery service Grofers faced major issues on the day. Its delivery agents wer…

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Grofers, BigBasket see orders flying as coronavirus lockdown shuts malls

New Delhi, Mar 16 () Online grocery platforms Grofers and BigBasket are witnessing up to two-fold g…

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Grofers, BigBasket see orders soaring as virus lockdown shuts malls

"Yes, we have observed hoarding behaviour among consumers across states. We are taking a hard appr…

PTI   


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E-commerce firms resume partial operations, deliveries to be delayed

"This assurance has led to several of these companies resuming their services, especially in key ca…

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Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20

When contacted, Grofers CEO and co-founder Albinder Dhindsa said, "Grofers GMV (gross merchandise …

PTI