Grocery Retail

Bigbasket may launch IPO by 2025 after $200 million funding: CFO Parekh

Controlling about a third of India's online grocery market, Bigbasket was acquired by Tata last year

Food bills zoom as UK grocery inflation soars to record 14.7%: Report

The jump in prices means the average annual shop is set to rise by £682 ($782) even as consumers contend with rising energy bills as the weather gets colder

Recovery tracker: Vehicle registrations in latest week up 15% over 2019

Better aviation traffic in seven days to Oct 2, freight numbers improve

BigBasket to raise $200 million at a valuation of $3.5 billion: Report

The infusion of fresh capital comes at a time when the company is aiming to expand its core offerings to compete with competitors like Dunzo, Zepto, Swiggy Instamart and others

Organised food, grocery retailers' revenues to grow 20% YoY in FY23: Crisil

Also, despite heightened competition from quick commerce players, revenue of food and grocery retailers will be higher by 38% over FY20

Zomato integrates grocery delivery via Blinkit on main app in pilot test

The pilot test is currently being organised at select circles in Delhi-NCR, and after analysing the response, it will be expanded to other cities as well, according to company sources.

Reliance Retail enters general trade with its own FMCG grocery brands

In the non-foods space, it has entered the personal care and home care business

Lifestyle & grocery retailers reverse FY21 trend, hire over 180,000 people

The total number of employees in eight of the top retailers in India went up 57 per cent to 4,90,000 in FY22, with Reliance Retail hiring the most number of people at 1,61,000

Ola bets on 10-minute delivery promise, but experts sceptical

Finger in too many pies? Market doesn't reward confusing narrative, they say

SoftBank-backed Meesho lays off 150 employees from grocery vertical

Last week, firm said it was integrating grocery biz within the core app to offer users unified shopping while driving stronger synergies across customer acquisition, technology, product and talent

udaan takes on Amazon, Flipkart, JioMart to win Indian e-grocery market

Grocery needs supply chain of fulfillment centres or hubs in an area or region, and several small branches serviced from those centres; it is this challenge udaan is meeting

Congress leader Rahul Gandhi slams govt over rising prices of groceries

Congress leader Rahul Gandhi on Monday attacked the BJP over the issue of rising prices of groceries, saying the people of India are being affected, not the ruling party.

India's 10-15 minute delivery market to reach $5.5 billion in 3 yrs: Report

As quick grocery delivery under 10-15 minutes time period becomes new growth arena globally, India's quick commerce market is set to witness 15 times growth by 2025, with market size of nearly $5.5 bn

Online grocery seller BigBasket acquires Kerala startup Agrima Infotech

Indian online grocery seller giant BigBasket acquires enterprise business unit of a deep-tech company incubated by Kerala Startup Mission (KSUM) with a view to transform offline retail in the country.

Flipkart's Shopsy eyes largest grocer tag, rolls out services in 700 cities

Shopsy would leverage Flipkart's grocery supply chain infrastructure and tech capabilities to provide consumers access to an expansive range of products to over 5,800 pincodes

Cash-flows are healthy, don't need funding: Grofers' Albinder Dhindsa

In a Q&A, the CEO and Co-Founder of the firm that has rebranded itself as Blinkit, dwells on the need for rechristening and the company's strategy going ahead

Amazon-backed More Retail considering IPO to raise up to $500 mn: Report

Witzig Advisory Services Pvt, owned by Amazon and Samara Capital Partners, acquired More Retail in 2019 from Kumar Mangalam Birla's Aditya Birla Group

Udaan eyes grocery market at $850 bn 2025, to focus on community e-commerce

India's largest business-to-business e-commerce firm launches app for entry into sector

Bigbasket forays into offline retail; unveils Fresho store in Bengaluru

The launch is part of the company's vision to open 200 physical outlets pan India by 2023 and 800 by 2026

The e-com debate in India

A thinking man's guide to the state of ecom in a nation of shopkeepers