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EGROCERY
Quick Commerce accounts now for 70-75 pc of total e-grocery orders, up from 35 pc in 2022: ReportQuick commerce has revolutionized the online grocery market, making up 70-75% of total e-grocery orders, a significant rise from 35% in 202...- Tata Sons questions BigBasket’s qcomm lag, pushes for financial investor amid rivals' onslaughtTata Sons has pulled up its digital vertical for BigBasket’s sluggish response to the rapidly evolving quick commerce space, which has allo...
- Indian e-grocery market to grow beyond tier-2 cities in 2023: RedSeer reportThe significant growth in the Indian e-grocery market between 2019 and 2022 can be attributed to the adoption of quick commerce in cities.
- Online grocery prices rise as brands slash discountsFMCG executives said the contribution of ecommerce to overall sales is continuing to grow. Ecommerce accounts for 7% of overall FMCG sales ...
- Indian agrifood startups get record $4.6 billion investment in FY22Indian agrifood startups received a record $4.6 billion in investment in FY 2021-22, up 119 per cent year-over-year, as the country overtoo...
- Ecom Express launches one of the largest outsourced grocery fulfilment centers in KarnatakaSituated in Hoskote, Bengaluru on an area of 2 lac square feet, the new fulfilment center is the second grocery facility set up by the Comp...
- Warburg Pincus-backed Stellar Value Chain to invest Rs 200 crore in e-grocery supply chainApart from setting up fulfilment and sort centres, Stellar Value Chain Solutions will invest in technology integration as well to enhance o...
- Stellar Value Chain to invest Rs 200 crore to boost e-grocery supply chain offerings in FY 2022The company will also infuse money into rolling out a fleet of electric vehicles (EVs) to develop an EV-based transportation network to fac...
- E-grocery deliveries delayed in Covid-19 second wave tooWhile top players, including Bigbasket, Flipkart, Amazon and Grofers put the blame squarely on supply chain disruptions last year, a combin...
- Flipkart expands grocery services to over 50 citiesFlipkart, which competes with US e-commerce major Amazon and billionaire Mukesh Ambani-led Reliance in the country's digital commerce space...
- BigBasket says no comment on Tata Group's acquisition bidBigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the grocery delivery platform.
- Grofers' revenues double; losses widen in FY20E-grocery has surged over 100% in the past year as India went into lockdown, which kept consumers away from super markets and modern trade ...
- E-Grocery value-first (price sensitive) segment to escalate over 50%; overtake growth of overall e-groceryThe value-first segment refers to the households in India, for whom affordability is the key concern and hence buying low-priced grocery is...
- Flipkart, Walmart deliver $30 million more to NinjacartFlipkart, which has been a laggard in the grocery segment compared to its main rival Amazon, is using Ninjacart's supply of fresh produce t...
- JioMart unleashes discounts in e-grocery fightStaples are available for a cheaper price on JioMart compared to rivals like BigBasket.
- BigBasket, Grofers, others may clock $3 billion salesIndia's online grocery market could top $3 billion in sales this year, a 76% increase over last year, as the spike in demand for home deliv...
- Satvacart to raise another $2 mn in current roundSatvacart, which focuses only on the Gurgaon market, is backed by Palaash Ventures and has senior executives from Insurance, Consulting, Ho...
- After grocery, now, fish markets go onlineThere is a steady rise of e-commerce fish market place that have gained momentum with the rise of e-grocery and advent of new cost-effectiv...
- Myonsto.com bags Rs 2 crore in angel funding Oswal Industries’ director Jayant BokadiaThe company is clocking average monthly revenue between Rs 1.5 lakh and Rs 2 lakh. “We are currently making a gross profit of 12-15% on an ...
- E-grocery chains like BigBasket, LocalBanya and others set to sizzle on the InternetAmazon India and Snapdeal’s addition of food and gourmet categories is aimed at converting existing customers to add groceries to their bas...
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