Karan Taurani on what Gaurav Gupta’s exit might mean for Zomato“Prima facie, this is mildly negative but of course the impact will be more medium term in terms of how things pan out. ”
14 Sep, 2021, 06.30 PM IST
Zomato scraps grocery deliveries for the second timeZomato began the pilot for its 45-minute grocery delivery service in a few markets, starting from Delhi NCR, in July. It operated on a mark...
13 Sep, 2021, 10.21 AM IST
Grofers founder responds to criticism of 10-minute grocery deliveryGrofers cofounder Albinder Dhindsa has defended his company’s decision to offer online grocery delivery within 10 minutes, with a point-by-...
29 Aug, 2021, 02.52 PM IST
Grofers offers ten-minute online grocery delivery in 10 citiesGrofers' customers can now order more than 7,000 everyday essential items in Delhi, Gurugram, Mumbai, Bengaluru, Hyderabad, Kolkata, Jaipur...
18 Aug, 2021, 10.01 AM IST
Competition Commission approves Zomato buying 9.3 pc stake in Grofers IndiaZomato, last month, said it has invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company loo...
13 Aug, 2021, 07.09 PM IST
CCI approves Zomato’s $100-million investment in GrofersCompetition Commission of India has approved the “proposed acquisition by Zomato of approximately 9.3% stake in Grofers India and [Hands on...
13 Aug, 2021, 06.21 PM IST
Grofers joins express delivery rush amid online grocery boomIn a blogpost, Grofers cofounder Albinder Dhindsa says the company delivered groceries to more than 7,000 households in Gurugram within 15 ...
27 Jul, 2021, 12.35 PM IST
Grofers to turn unicorn with Zomato fundsTiger Global, investor in both Zomato and Grofers, will also participate in the $120 million funding round. The companies had explored a po...
30 Jun, 2021, 11.39 AM IST
ETtech Exclusive: Zomato may invest $100 million in Grofers as e-grocer shelves US IPO planZomato's investment is likely part of a larger financing round and may value the Gurugram-based online grocery firm at around $1 billion
29 Jun, 2021, 05.24 PM IST
E-grocers like BigBasket, Grofers , others surge ahead on deliveriesFood-delivery apps Zomato and Swiggy, too, have doubled down on the grocery category since it began seeing an uptick in demand. While Swigg...
22 Apr, 2020, 08.01 AM IST
E-grocers delay and cancel orders as demand surges amid outbreakUnable to handle a sudden surge in demand, India's two largest grocery players, BigBasket and Grofers, have started delaying orders by days...
21 Mar, 2020, 08.34 AM IST
Zomato smells opportunity in groceries, pings Grofers, BigBasketThis is a major step towards diversification and a move to keep demand high at a time when most businesses are registering a slowdown. Onli...
20 Mar, 2020, 01.36 PM IST
SoftBank Vision delivers $60 million to GrofersThe investment comes at a time when competition in the the online grocery delivery space is heating up, with well capitalised firms such as...
01 Mar, 2019, 09.40 AM IST
Grofers eyes SoftBank, Tencent big bucks after turnaroundWhile the discussions with Tencent are early, SoftBank is likely to bulk up its shareholding in Grofers, valuing the company at 20-30% lowe...
23 Jan, 2018, 10.46 AM IST
After Rs 800 crore funding round led by SoftBank, Grofers now valued at Rs 2,664 croreGrofers’ latest fundraise, its third this year, marks an over three-fold increase in the company’s valuation in about four months.
27 Nov, 2015, 01.24 PM IST
Grofers in talks to raise Rs 650 crore; SoftBank may lead latest funding roundIf the deal fructifies, it will mark an over ten-fold increase in valuation and the third round of funding this year for the Gurgaonbased s...
07 Oct, 2015, 09.17 AM IST
Grofers buys smartphone-based grocery delivery platform My Green BoxIt just started operations in Bengaluru, while My Green Box is currently processing 200 orders every day in Gurgaon where it is operational.
10 Apr, 2015, 03.06 PM IST