BigBasket served a total of 8.5 million households enabled by a fleet of 35,565 delivery partners
Controlling about a third of India's online grocery market, Bigbasket was acquired by Tata last year
Grocery business will spread 'deep into Bharat', says e-commerce firm as it shuts down some other smaller units
The fresh-food category, witnessed a surge in demand, especially from tier-2 and -3 cities
Govt-owned network starts in Bengaluru with online grocery, restaurant orders
People can place orders in grocery and restaurant segments for now
Service available in Delhi and Mumbai for now. Apple reseller Unicorn Infosolutions to store inventory
In August, Swiggy said it had witnessed a 16-fold growth in orders in the 12 months to June, with Bengaluru, Mumbai, Hyderabad ordering more items than the whole population of Canada
Also, despite heightened competition from quick commerce players, revenue of food and grocery retailers will be higher by 38% over FY20
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Some 62,000 tonnes of fruits and vegetables were ordered on Instamart during the past year. This is the weight of about 15,500 Asian elephants, Swiggy said
New e-commerce players have set a hawk-eye focus on the latest dynamic trends to ensure success for years to come
BigBasket expects GMV to grow 30% to Rs 13,000 cr in FY23 with quick commerce push; will scale up offline stores from 90 to 695 in a year, will double footprint to 70 cities
Flipkart Grocery currently offers 7,000 products in 1,800 cities covering 10,000 PIN codes, served by 23 fulfilment centres spread over an area of 2.75 million sq ft
Due to limited financial and operating data, and intense competition, we forecast Blinkit to turn profitable only by FY27. Thus, he path to profitability for Zomato may get extended from FY25 to FY26
The online grocer plans to expand its footprint to 70 cities this fiscal year, from about 37 now.
The company has confidentially filed documents with the Securities and Exchange Commission to start the process for a stock market listing
The firm, which was launched 9 months back by two 19-year-old Stanford dropouts, has raised $200 million Series D fundraise, valuing the quick commerce company at around $900 million
The e-commerce giant seeks to expand its supply chain network across the country to provide groceries like fruits and vegetables to customers
BigBasket co-founder and CEO Hari Menon said that the company will significantly scale up offline stores from 90 to 695 in a year to reach out to 100 per cent of its customer base.