You Searched For "Grofers profits" and got 20 results
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1 min read
Zomato posts Q4 consolidated net profit at ₹175 crore
Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…
PTI
3 mins read
Zomato’s Blinkit buy is a poison pill that will burn cash and delay profits
Zomato today said that it will acquire Blinkit Commerce (formerly known as Grofers India) for a …
2 mins read
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…
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…
2 mins read
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
2 mins read
Grofers becomes a unicorn after Zomato reportedly invests $120 million
Gurugram-based grocery delivery startup Grofers has reportedly entered the unicorn club, after rais…
2 mins read
Here’s why Zomato is reportedly cutting a $300 million cheque for Grofers
Zomato had recently announced its $1.1 billion initial public offering plan, in which it had men…
3 mins read
Zomato’s path to profitability in the next three years requires two things, say analysts
Brokerages believe there might be a chance for the company to woo investors in a few years as th…
3 mins read
DMart obsessed with opening new offline stores while Reliance and Tata run after ecommerce
During a global pandemic, when most people are buying groceries and food online, Dmart is continuin…
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…
2 mins read
Heading for an IPO, Mobikwik reports a profit in its payment gateway business
Mobikwik, one of India’s leading digital payments companies, has claimed that its payment gateways …
1 min read
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
2 mins read
This is how Oyo is becoming the dark horse of SoftBank’s investments
Last year at annual general meeting of the Indian Hotels Company, Cyrus Mistry, the erstwhile T…
1 min read
Mobikwik aims to become the first payments startup to list on Indian bourses
Indian payments startup Mobikwik has ambitious plans for growth, and yet want to chart its path w…
4 mins read
The truth behind why online grocery start ups are failing
The online boom of grocery shopping started in the US some 15 years back and faded out by early 200…
2 mins read
Govt may okay FDI policy for food e-tailers to bring on par with offline stores
"There should not be any discrimination on offline and online. The idea is to drive food consumptio…
4 mins read
DMart gets ready to take on JioMart – falling profits and footfalls, and competition push Radhakishan Damani towards e-commerce
But despite the yearly fall in profits, DMart’s quarterly rise in revenue and profits, and plans…
2 mins read
Slowdown and a threat from e-commerce – a double whammy for Future Retail, posts a 15% fall in profits
Its income too went down by 3% from ₹5,306 crore in the same quarter the previous year to ₹5144.…
2 mins read
Former SoftBank country head Manoj Kohli joins WeWork India as an independent director
WeWork India said on Monday that it has appointed Manoj Kohli, former country head of SoftBank Indi…
3 mins read
After Amazon, Flipkart, Reliance and Tata Neu, India's $133 billion ecommerce market may be too little for a fifth player
Every big Indian business has been chasing the ecommerce space, which is expected to clock half a b…