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SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales

The Gurugram-based firm is expecting its GMV to touch around Rs 30,000 crore by 2022 as the coronavirus pandemic has accelerated the shift towards online grocery

Grofers has moved one step closer to becoming a unicorn
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Grofers is expecting its GMV to touch around Rs 30,000 crore by 2022.

Peerzada Abrar Bengaluru
SoftBank-backed online grocery firm Grofers is expecting to touch Rs 10,000 crore in gross merchandise value (GMV) by March as the coronavirus pandemic has accelerated the shift to e-commerce. This is being supported by traction of about five million customers during its ongoing sale of Grand Orange Bag Days (GOBD).

The Gurugram-based firm, which competes with players such as BigBasket, Swiggy, Flipkart and Amazon has had about 3-4 times increase in volumes during its ongoing sale.

“The Covid-19 pandemic and the subsequent lockdowns have accelerated the shift towards online grocery,” said Saurabh Kumar, co-founder of Grofers. “The customers have seamlessly