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15 startups that appear best placed to enter the $1-billion valuation clubIn an effort to find the next big thing in India's startup ecosystem, ET Magazine reached out to some of the sharpest minds in venture inve...- Hypermarket chain Spencer’s Retail acquires ecommerce startup MeraGrocer to foray into online salesGoenka said MeraGrocer will not offer any massive discounting and its deals will be similar to those available in local Spencer’s stores.
- Online grocery stores like Localbanya, MeraGrocer & others offering onions at Rs 40-69 per kgOnline grocery stores are looking to gain favour with customers by offering onions at about half the rate that neighbourhood stores are cha...
- Newspapers to offer CouponDunia discount coupons in Mumbai, Delhi and BengaluruThe coupons will be against 40 brands. To avail the discounts, consumers need to cut out the coupons and redeem it at CouponDunia's partner...
- Here's how local Kirana stores are reinventing themselves to trump e-grocersDigital balances, computers with inventory management software, and CCTV's for monitoring purposes are a few ways in which kiranas have cha...
- Online grocer startup, Meragrocer to raise $10 million in second round of fundingOnline grocery startup Meragrocer is set to raise $10 million (about Rs 64 crore) in its second round of funding.
- BigBasket, LocalBanya expect contribution from private labels to rise up to 50% through staples and FMCGPrivate labels in daily household, personal care and food products are soon expected to drive nearly half the sales for online grocers.
- Nestle likely to struggle with Maggi recall as 40% of total stock outside its direct distribution networkAccording to market researcher Nielsen's data, the firm's products reach 47% of India's estimated 8.8 million retail outlets.
- E-tailers of vegetable & grocery shore up ad spend to get more shoppersPlayers like LocalBanya, BigBasket & Mera Grocer are advertising heavily while e-comm giants Snapdeal, Amazon & Paytm too plan to focus on ...
- FMCG cos accuse big retailers of pushing own labelsThe tension between modern retailers and consumer product makers has intensified, with the latter flatly turning down a renewed demand for ...
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