Firm plans to leverage group buying model, puts out job postings on LinkedIn and Getwork for the upcoming vertical
Swiggy's foray into grocery delivery started with the acquisition of Supr Daily in 2018
Online grocery ordering platform Grofers said it is taking multiple steps towards building a more "inclusive and diverse" organisation
The company said it would use the funding to strengthen its position as one of the fastest-growing retail tech startups in India
A fire broke out at a warehouse of the online grocery platform BigBasket in Maharashtra's Pune district, gutting the property, but there was no report of any casualty, fire brigade officials said
Cites gaps in order fulfilment and the traction 15-minute grocery delivery has been getting in the recent past
The company also said that it believes that its investment in Grofers will generate better outcomes for its shareholders than in-house grocery efforts
Experts say delivery time frame on groceries purports to blow right past the logistics promises
Delivery giants find there aren't many models available that can be deployed at scale, and what supply there is can't keep up with demand.
Grofers recently turned unicorn after it received $120 million funding from Zomato and others
Stellar Value Chain plans to invest Rs 200 crore for setting up 25 fulfilment and sort centres pan-India to boost its e-grocery supply chain offerings this fiscal
Zomato will introduce a grocery section on its app and confirmed its investment in Grofers.
The proposed rules have created quite a stir among companies, with some anticipating a change in their business structure if these are implemented
The development comes at a time when the SoftBank-backed company is looking at launching an initial public offering (IPO).
Cites personal ambitions for decision, says he wants to wander again
Covid-19 led lockdown has helped e-grocers
This trend was observed not just in the big cities, but also tier-1,2,3 towns, a survey by community led social media platform LocalCircles has found
Deal done through subsidiary Tata Digital Ltd; green signal from CCI came last month
Plans to add over 800,000 sq ft of space through 5 new fulfilment centres over the next three months, in Delhi, Kolkata, Chennai, Coimbatore and Hyderabad
With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs BigBasket's online retail biz