If the start-up becomes part of the Tata group's investment basket, it may be well placed to take on the challenge
BigBasket is in advanced talks to sell a majority stake for about $1 billion to Tata Group
Funding touted as largest in India's consumer tech segment; led by Investment Corporation of Dubai
Start-ups such as Max Wholesale, Jumbotail and ShopKirana are helping them place orders, maintain inventory, optimise delivery routes and make payments, all digitally
They are deploying easy-to-use platforms for SMBs, helping them go online in as little as 30 seconds
COVID-19 induced tailwinds, coupled with participation from large conglomerates like Reliance are expected to drive growth in the online grocery segment in India
The demand is likely to be for warehousing of 5000-10,000 sq ft size, property consultant Colliers International said
Rival brick-and-mortar retailers shut stores in lockdowns for coronavirus, as Amazon hired 175,000 people and saw demand for its services soar
Online grocery delivery has also gained significant traction amid the Covid-19 pandemic and with the entry of JioMart in the segment, the competition is set to intensify further
The pandemic has changed the way we shop and consume, resulting in new power centres
Grocers see momentum in orders of fruits, vegetables & staples as people avoid stepping out in containment zones
Online penetration of retail is expected to reach 10.7 per cent by 2024, versus 4.7 per cent in 2019
Within two months of launch, marketplace taps more daily orders than BigBasket, Amazon
Packaging innovations that ensure safety and damage-free, clean delivery are emerging as new avenues for brand building
Brands need new customer touch points, efficient channels of communication and delivery and new ways to stay relevant
Other delivery majors like Swiggy and Zomato are already in the delivery of liquor while e-commerce giant Amazon is also set to play in this segment.
Grofers co-founder Dhindsa has made a name for himself in the food delivery sector
Pepsi, Coke, Britannia, Kwality Walls and a host of other brands line up for e-stores on delivery apps, rethink visual identities, and the retail experience
The app is not yet available on Apple or Google Play Store and has to be downloaded from jiomart.com
Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown