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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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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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29 mins read

Zepto, Dunzo among the next 122 unicorns from India — here's the complete Hurun list

Even as the Indian startup ecosystem is in the throes of a funding winter, a latest report by Hurun…

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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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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…

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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 …

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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…

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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…

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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…

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Cult.fit’s parent company Curefit is the 36th unicorn in town

Health and wellness startup Curefit is the 36th startup to enter the unicorn club, after raising $5…

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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…

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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…

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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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3 mins read

With Rivigo joining the club, these are the 8 unicorns of 2019 so far

India’s unicorn club seems to be having a good year as eight startups joined the coveted club I…

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Grofers aims to cut costs with electric vehicles, will deploy 500 EVs by December

Grofers is already using EVs in Delhi and Jaipur. It is also a part of electric vehicle freight …

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India's PE and M&A deal values in May 2019 dropped by 83% from last year

The election month did not go down well with investors. India witnessed 33 M&A transactio…

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These are the hottest startup sectors of the decade

Over the decade, Indian startups have grown and how. Not only did they bring in innovative ideas an…

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3 mins read

India’s unicorn backers are shoring up their funds as they hunt for the next big startup

The biggest crises lead the way for the biggest of opportunities. At least, that’s what India’s Ven…

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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…

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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…