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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…
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…
1 min read
Grofers hires women and improves its employee productivity scores
Indian grocery startup Grofers is breaking the gender silos and the ‘traditional’ job roles defin…
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
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…
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…
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
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…
2 mins read
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…
2 mins read
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…
6 mins read
Here’s why Grofers may allow an American 'blank cheque' firm to buy it out instead of fighting Ambani and BigBasket for IPO
India’s grocery market is estimated to be $600 billion and less than 5% of it is organised, accordi…
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 …
1 min read
Zoom says that it has invested in over 25 apps though its $100 million fund
The Zoom Apps Fund is a $100 million global venture to stimulate growth of Zoom apps, integratio…
1 min read
Grofers makes ₹115 crores on day one of Grand Orange Bag Days Sale with flour, sugar and instant noodles as top sellers
Three days into its sale event, e-grocery startup Grofers has already clocked in its highest ever s…
3 mins read
These two 19-year-olds scaled Zepto into a $900 million company in nine months
Quick commerce startup Zepto — founded by two 19-year-old Stanford dropouts nine months ago — is no…
2 mins read
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…
4 mins read
Swiggy, ShareChat, Byju’s lead the funding race as Indian startups raised $6.5 billion between April and June
As per the latest NASSCOM-PGA Labs report, India’s startups have raised $6.5 billion across 160 dea…
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
Asia’s richest man Mukesh Ambani makes a new purchase to take on Amazon and Swiggy in quick commerce
Reliance Retail, a subsidiary of India’s biggest private corporation Reliance Industries (RIL), has…