Business Standard

Grofers Revenues

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

Cash-flows are healthy, don't need funding: Grofers' Albinder Dhindsa
Updated On : 14 Dec 2021 | 1:34 AM IST

SoftBank-backed Grofers' revenue doubles to Rs 177 cr, loss widens by 42%

The company's total expenses for the fiscal were reported as Rs 814 crore

SoftBank-backed Grofers' revenue doubles to Rs 177 cr, loss widens by 42%
Updated On : 08 Feb 2021 | 10:46 PM IST

Grofers eyes fashion segment for higher margins, to stick to private labels

Grofers, which has a strong play in the private labels segment across categories, is likely to follow this strategy in the fashion segment

Grofers eyes fashion segment for higher margins, to stick to private labels
Updated On : 10 Dec 2020 | 11:14 PM IST

We were fortunate to be one of the beneficiaries of lockdown: Grofers

The online grocery platform, which has advanced its plan to launch an initial public offer by the end of 2021, said it continues to focus on enhancing customer experience

We were fortunate to be one of the beneficiaries of lockdown: Grofers
Updated On : 28 Jul 2020 | 10:15 PM IST

Grofers advances plan to launch IPO by 2021-end as profit zooms

The company closed the financial year with a revenue of around Rs 2,500 crore and the valuation of Grofers is estimated to be close to Rs 6,000 crore.

Grofers advances plan to launch IPO by 2021-end as profit zooms
Updated On : 26 Jul 2020 | 4:32 PM IST

Dhindsa explains how Covid-19 lockdown proved to be opportunity for Grofers

Grofers co-founder Dhindsa has made a name for himself in the food delivery sector

Dhindsa explains how Covid-19 lockdown proved to be opportunity for Grofers
Updated On : 20 Jun 2020 | 1:07 AM IST

Grofers loss widens to Rs 448 cr in FY19, GMV grows 300% at Rs 2,500 cr

The company had posted a net loss of Rs 258.3 crore for the year ended March 2018

Grofers loss widens to Rs 448 cr in FY19, GMV grows 300% at Rs 2,500 cr
Updated On : 03 Dec 2019 | 11:41 PM IST

Grofers revenues jump 136% to Rs 339 million even though losses widen

The firm continued to burn cash as expenses in 2016-17 touched Rs 3.02 billion

Grofers revenues jump 136% to Rs 339 million even though losses widen
Updated On : 04 Apr 2018 | 2:31 AM IST