Page 4 - Online Grocery

Consumer protection rules: Decoding the impact on e-commerce firms, buyers

The proposed rules have created quite a stir among companies, with some anticipating a change in their business structure if these are implemented

Grofers co-founder Saurabh Kumar exits co, will continue as board member

The development comes at a time when the SoftBank-backed company is looking at launching an initial public offering (IPO).

Saurabh Kumar steps down as Grofers co-founder, stays on company board

Cites personal ambitions for decision, says he wants to wander again

E-grocery space to grow 59% CAGR to Rs 1.31 tn by 2024: Motilal Oswal

Covid-19 led lockdown has helped e-grocers

As Covid-19 lockdowns ease, Indians still prefer home deliveries: Survey

This trend was observed not just in the big cities, but also tier-1,2,3 towns, a survey by community led social media platform LocalCircles has found

Tata Group acquires majority stake in BigBasket to cement play in groceries

Deal done through subsidiary Tata Digital Ltd; green signal from CCI came last month

Flipkart scales up grocery infra to meet demand amid second covid wave

Plans to add over 800,000 sq ft of space through 5 new fulfilment centres over the next three months, in Delhi, Kolkata, Chennai, Coimbatore and Hyderabad

Tata to finally enter online grocery with CCI nod to BigBasket stake deal

With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs BigBasket's online retail biz

Tata gets Competition Commission approval to acquire 64.3% in BigBasket

Tata Digital can acquire up to 64.3 % of the total share capital of Supermarket Grocery Supplies Private, which owns the online grocer.

The right policy cart

E-commerce rules should be stable and equitable

Tata seeks CCI nod to acquire up to 64.3% stake in BigBasket

The deal, if approved, would put Tata in direct competition with Amazon, Walmart's Flipkart

Dailybasket calls BigBasket a bully for serving it 'cease & desist' notice

Bigbasket's issue is with use of the word 'basket' by Coimbatore-based startup; the latter responds by creating website to counter the former's argument

Tatas to buy 68% in BigBasket for Rs 9,500 cr, deal likely in 4-5 weeks

The deal is the biggest in online groceries space so far, values BigBasket at Rs 13,500 cr; will give exit to investors Alibaba, Abraaj and IFC

Tata Group to buy 68% stake in BigBasket for Rs 9,500 crore: Report

BigBasket top management are likely to stay on for three to four years, the report said

Amazon integrates Pantry with Fresh in India; provide groceries in 2 hrs

The move would enable the e-commerce giant to simplify the grocery shopping experience for customers.

Amazon India to integrate Pantry, Fresh services to simplify grocery

Amazon India said it is integrating its 'Pantry' and 'Fresh' services in cities, including Delhi, Bengaluru, Ahmedabad and Mysore, to offer a simplified grocery shopping experience to customers.

Kirana comes full circle

Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery

BigBasket loss widens 6.7% to Rs 611 crore, revenue up 36% in FY20

The firm, which is soon to be acquired by the Tata Group, saw its total expenses widen 31 per cent from Rs 3,376 crore in FY19 to Rs 4,433 crore in FY20

BigBasket loss widens to Rs 611 cr in FY20 even as revenue rose 37.7%

BigBasket, has seen its consolidated losses widen to Rs 611 crore, even as revenue from operations increased 37.7 per cent to Rs 3,794.1 crore in FY20.

SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales

The Gurugram-based firm is expecting its GMV to touch around Rs 30,000 crore by 2022 as the coronavirus pandemic has accelerated the shift towards online grocery