Gurugram-based online grocery retailer Satvacart turns cash positive

Gurugram-based online grocery retailer Satvacart said Tuesday that it turned cash positive over March and April, as more people order grocery at home amid the ongoing Covid-19 pandemic.
 

Following a micro-cluster based model whereby it maintains a completely independent, tech-enabled warehouse in the centre of a 5 km cluster, Satvacart ensures a delivery slot every 30 minutes seeing to it that the customer gets its delivery within 60 minutes of the order getting placed.
 

The firm will begin geographical expansion by March 2021, targeting a two-city model, and is open to acquisitions for expansion.