Zomato to give $150 million loan to BlinkitThe loan will be given to Grofers India Pvt Ltd (GIPL), Blinkit’s Indian entity, at an interest rate of 12% a year for a tenure of not more...
15 Mar, 2022, 09.45 PM 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
Zomato makes it official, no respite for TwitterIn today's ETtech Top 5 newsletter: All the details of Zomato's IPO; Twitter aims to file its first monthly transparency report under India...
08 Jul, 2021, 08.16 PM IST
Brands step up online discounts on smartphones, groceries, apparelCompanies seek to liquidate pent-up inventories, lift sentiment ahead of festive season
03 Jul, 2021, 06.40 AM IST
Mother Dairy to start direct deliveries under Safal; to follow hyper-local delivery modelMother Dairy expects to start direct deliveries of vegetables and fruits through its Safal retail franchise, beginning with Delhi-NCR by th...
01 Jun, 2021, 09.50 AM IST
Amazon becomes first foreign ecommerce firm to enter food retail venture in India“Amazon is now a vendor on Amazon.in and is currently operating in Pune,” said a person familiar with the development. The products are sol...
19 Feb, 2018, 08.05 AM IST
Amazon readying to sell locally made food from MarchThe unit can sell only locally produced and packaged food products and will directly compete with Grofers and BigBasket in the online segme...
06 Jan, 2018, 08.39 AM IST
Government asks Amazon to keep food business and marketplace separateGlobal bigwigs like Wal-Mart Stores and others had cold-shouldered the new segment, arguing that selling only thin-margined food items didn...
13 Jul, 2017, 01.17 AM IST
Amazon's food retail plan may get government nod in JulyAmazon will be the first big company to enter the food retail segment after the sector was opened up to foreign entities last year.
25 Jun, 2017, 10.52 PM IST
Department of Industrial Policy and Promotion okays Amazon's food retail planAmazon had sought approval to invest Rs 3,500 crore in India over five years to sell third-party and its own private-label food articles, s...
29 Apr, 2017, 02.08 AM IST
Amazon told to keep food items separate from othersAmazon had sought approval to invest Rs 3,500 crore in India over five years to sell third-party and its own private-label food articles, s...
25 Apr, 2017, 01.19 AM IST
Amazon, Grofers, Big Basket seek FDI nod for food retailingThe government had last year allowed 100% foreign direct investment (FDI) for trading, including through e-commerce, in respect of food pro...
15 Mar, 2017, 09.23 AM IST
'Leaf' gets a fresh lease of life after George Soros and Anders Povlsen invest in itIndia is the world’s second largest producer of fruit and vegetables after China, according to statistics compiled by the National Horticul...
20 Sep, 2016, 08.09 AM IST
Grofers India seeks govt approval for FDI in food tradingThe government recently permitted 100% FDI under government approval for trading, including through e-commerce, in respect of food products...
14 Sep, 2016, 03.04 PM IST
AskmeGrocery to launch market places for perishable grocery and medicinesWhile AskmeFresh will be competing with the likes of Amazon-Now, BigBasket and PepperTap, Askme-Meds will compete with startups such as Plu...
12 Apr, 2016, 08.22 PM IST
Groffr promoter Redstone Consultancy files case against Grofers for using similar sounding nameRedstone Consultancy filed a case against Grofers India Pvt Ltd for “passing off” and using a similar sounding name to confuse consumers in...
23 Nov, 2015, 05.46 AM IST
Fruit and vegetables seller Lawrencedale scales up back-end ops for speedy deliveryFruit and vegetables seller has set aside Rs 2 crore for this restructuring and is adopting a hub-and-spoke model in Bengaluru, Chennai and...
23 Nov, 2015, 02.28 AM IST