JD.com wants to internationalise its business and last year agreed to buy German electronics retailer Ceconomy, owner ⁠of the ⁠MediaMarkt a...

Japanese conglomerate SoftBank Vision Fund, the largest shareholder in Grofers, may look to invest around $100-200 million in the merged en...

Days after India conducted its fifth round of Chinese app bans since June 2020, blocking access to 54 apps, China has said it has serious c...

If the deal goes through it will be the largest investment for the food delivery platform. The new round, likely to value Grofers at $1.5 b...

The so-called D-plus round of fundraising led by SoftBank Vision Fund followed the online grocery platform's $700 million D round completed...

BigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the grocery delivery platform.

Club Factory has been accused of shipping cheap products to India directly from China after labelling them as gifts to evade customs duty. ...

It’s an unexpected windfall for grocery delivery services that have perennially struggled with the logistics of transporting perishables li...

BigBasket said it’s using its partnership with Chinese e-commerce giant- Alibaba to improve delivery and logistics.The retailer, which has ...

The pilot for Swiggy’s diversified utility delivery play is likely to be rolled out by October-November.

Firms look to buy milk-delivery startups to increase frequency of orders and make customers stick.

The development comes even as Swiggy is in talks to raise over $200 million from DST Global and hedge fund Coatue Management in a round tha...

The Bengaluru-based company is looking to supplement its core online business with offline kiosks that will stock daily groceries, fast-mov...

While the discussions with Tencent are early, SoftBank is likely to bulk up its shareholding in Grofers, valuing the company at 20-30% lowe...

Its parent co Innovative Retail has more than doubled revenue to Rs 1,090 cr in FY17, indicating users’ growing preference to shop online f...

Paytm Mall is also likely to invest in BigBasket as part of the deal.

Founded by Sriharsha Majety, CEO, along with Rahul Jaimini and Nandan Reddy, Swiggy is regarded as one of stronger players in a market whic...