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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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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 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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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…

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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…

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The sequence of events leading up to the exit of Gaurav Gupta from Zomato

Zomato’s initial public offering (IPO) was the watershed moment of the Indian startup ecosystem, pa…

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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…

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BharatPe CEO, PayU's cofounder and others invest $15 million in an online textile marketplace

Business-to-business (B2B) textile marketplace Locofast has raised $15 million in a round co-led by…

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4 mins read

As malls shut down, online grocery stores in India see a surge in demand

In India, a lot of online marketplaces like BigBasket, Future Group and Grofers are witnessing an i…

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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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Grofers delivers a funding at the door of the unicorn club

Grocery retail startup Grofers has today raised over $200 million from Softbank Vision Fund. With t…

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1 min read

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…

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Online grocery may become a $10 billion industry by 2023 but even then only one in 100 Indians will be buying

The Indian online grocery segment is growing fast and how. Currently the online food and grocery re…

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Baba Ramdev looks to conquer the fashion world with Patanjali clothing

Since its conception, Patanjali has aggressively, and successfully, permeated most parts of the …

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3 mins read

Mobikwik gets a new co-founder – the startup is getting IPO ready for 2022

Indian digital payments platform Mobikwik has elevated its Senior Vice President of Payments Chanda…

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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 …

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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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Former BharatPe founder Ashneer Grover pens memoir called 'Doglapan'

Former BharatPe Founder and CEO Ashneer Grover has written his memoir called 'Doglapan' (double sta…