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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…
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 …
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…
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
Two teenage Stanford dropouts have made their startup worth half a billion in 7 months
Quick grocery delivery app Zepto — founded by two 19 year old Stanford dropouts only seven months a…
2 mins read
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…
2 mins read
Tata's BigBasket is finally joining Swiggy, Blinkit in 10-minute grocery delivery
Online grocery delivery startup BigBasket — which was acquired by Tata Digital last year — on Thurs…
2 mins read
Swiggy tightens focus on grocery delivery, as Zomato steps out
While Zomato has decided to step away from direct competition in the segment for now, Swiggy has…
3 mins read
Online grocers are back in business in India with billions more to burn – and that may be good for consumers
There was a time when the online grocery vertical had become the hot favourite with major players…
2 mins read
Zomato denies rumours about Grofers acquisition deal amid surge is grocery orders
Flush with funds, Zomato has partnered Grofers for the delivery of essential items – along with …
2 mins read
After 10-minute grocery delivery, a 15-minute ambulance service grabs investor interest
Critics, however, rightly questioned whether 10 minutes delivery service was the absolute need e…
2 mins read
Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO
Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a wee…
2 mins read
Flipkart offers 90-minute delivery as competition from JioMart, Dunzo, BigBasket heats up
Charging a minimum delivery fee of ₹29, customers can choose 2-hour slots or get their orders wi…
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…
3 mins read
Swiggy’s Instamart is a success but a grocery entry can become Zomato’s ‘poison pill’ says report
Zomato is again trying its hand at something that it has failed twice at – grocery delivery. This t…
2 mins read
Zomato founder Deepinder Goyal sells all his shares in Blinkit to Tiger Global
Zomato, however, will continue to be a shareholder in the online grocery delivery company. Th…
3 mins read
SIMPLY PUT: This billion dollar business model was a Netflix joke in 2020
Now, less than 24 months since, more than a billion dollars have been invested in Indian …
2 mins read
Milkbasket refuses to bow down to discounts – aims to hit $100 million by March
However, while all of these new and old startups are trying to offer discounts and faster de…
2 mins read
Four years into the business, Milkbasket has acquired one-year-old startup Veggie India
Groceries delivery startup Milkbasket has gone on to acquire one-year-old startup Veggie India for …
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…