Grofers co-founder Dhindsa has made a name for himself in the food delivery sector
E-grocery is a very different business, compared to e-commerce and food delivery, he says
Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown
National e-com marketplace to be launched shortly, to be world's largest e-com portal
Reports of a possible deal surfaced Tuesday, and sources confirmed that talks were held between high-level officials of the firms.
What is aggravating the situation is that e-commerce firms are facing huge shortage of delivery personnel.
Online grocery, which is barely about four per cent of India's $600-700 billion grocery market, has seen an overnight surge.
That's because, according to KSA Technopak, e-commerce firms sell gross merchandise value of only $2.5 billion. That's minuscule in the $550-billion annual sales of food and groceries in 2019-20.
The traditional trade channel that serves over 1.3 billion people, compared to some 120 million by e-commerce, has fared significantly better when it comes to availability of essential goods
Delivery picks up slowly, but firms struggle as staff stay away
Enforcement of lockdown should be sensible
Government of Karnataka and Maharashtra have now put out an order saying that e-commerce shall be excluded from the restrictions to prevent the spread of Covid-19.
Firms like Flipkart, Amazon, Bigbasket witness 30% spike in orders as COVID-19 spreads
From changes in insolvency law to Wipro Q1 results, Business Standard brings you the top headlines that made news on Wednesday
Listen to the podcast to know how Reliance is all set to take on Amazon and Flipkart with its online food and grocery selling venture, JioMart
Mavyn does not own the trucks that it uses but works as an intermediary for facilitating logistics supply. It believes it is to logistics what Uber is to taxi hailing services
The company had posted a net loss of Rs 258.3 crore for the year ended March 2018
At present, Big Bazaar fulfills 300 to 1,000 orders per day per store for Amazon
Online grocer may close FY20 with Rs 5,300 cr in sales, says CEO Hari Menon
Grofers will help the kirana stores with inventory management, using its insights from online retail trends and, in turn, leverage the trust these stores enjoy in the local neighbourhoods