SoftBank leads $200 mn round in e-grocer Grofers

Vijayakumar Pitchiah

Online grocer Grofers India Pvt. Ltd has raised more than $200 million (Rs 1,406 crore at current exchange rate) in a funding ....

15 May, 2019

Unicorns BigBasket, Ola and others secure large cheques from marquee investors

Kavya Kothiyal & Om Athavale

India’s startup ecosystem saw some heavyweights being backed by marquee investors. More than a dozen startups raised ....

10 May, 2019
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Flipkart opens fifth India grocery store in Mumbai

Vijayakumar Pitchiah

Walmart-owned homegrown e-commerce major Flipkart said it has launched its fifth India offline store under its grocery brand Supermart ....

9 May, 2019

BigBasket to deepen growth in existing cities with fresh $150-mn fundraise

Binu Paul

Online grocer BigBasket has confirmed that it has raised $150 million (about Rs 1,040 crore) in a fresh funding round led by South ....

6 May, 2019

Delhivery, BigBasket close mega funding rounds among 15 startups funded this week

Kavya Kothiyal

A myriad of online businesses, from e-commerce to a bus aggregator to a business-to-business (B2B) marketplace, dominated startup ....

29 March, 2019

BigBasket raising $150 mn, valuation soars above $2 bn

Binu Paul & Vijayakumar Pitchiah

SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising $150 million (about Rs 1,040 crore) in a ....

28 March, 2019
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From groceries to e-tailing, hyperlocal delivery startups back in the limelight

Kavya Kothiyal

Last month, food-tech unicorn Swiggy started offering home delivery of groceries and other daily essentials. And last week, Reliance ....

6 March, 2019

SoftBank leads $60 mn follow-on round in online grocery startup Grofers

Kavya Kothiyal

Online grocery startup Grofers India Pvt. Ltd has raised $60 million (Rs 425.4 crore at current exchange rate) in a follow-on ....

28 February, 2019

Grofers narrows loss as net sales double in FY18

Kavya Kothiyal

Gurugram-based online grocery startup Grofers India Pvt. Ltd pared its losses but saw its net sales or operating revenue surge ....

22 February, 2019

Swiggy gives BigBasket, Grofers food for thought with new hyperlocal service

Kavya Kothiyal

Food-tech unicorn Swiggy is diversifying its operations with the launch of a new hyperlocal service that will offer home delivery ....

12 February, 2019
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ITC pilots FMCG e-commerce store in major metros

Payal Ganguly

Indian fast-moving consumer goods major ITC has announced that it is piloting its e-commerce venture, itcstore.in, in Delhi-NCR, ....

11 February, 2019

BigBasket to become unicorn with fresh $150 mn funding: Report

Vijayakumar Pitchiah

SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising up to $150 million (Rs 1,070.20 crore) in ....

8 February, 2019

How offline F&B businesses are adopting analytics and IoT to drive growth

Anand J

For Soulfull, a packaged food brand, technology is the backbone on which it runs its operations. This has allowed the company ....

16 January, 2019

BigBasket’s wholesale arm posts 35% rise in revenue for FY18, narrows losses significantly

Kavya Kothiyal

Online food and grocery store BigBasket’s wholesale business posted a 35% year-over-year rise in its operational revenues ....

3 January, 2019

Online grocers, food delivery startups face stricter norms

Binu Paul

The Food Safety and Standards Authority of India (FSSAI) has issued revised guidelines tightening scrutiny of e-commerce food ....

28 December, 2018

Baxi pivots to hyperlocal delivery as bike taxi biz turns unviable

Binu Paul

Gurugram-based startup Baxi has pivoted from employing full-time bike taxi riders to hyperlocal delivery of milk and other daily ....

26 December, 2018

Flashback 2018: Flipkart steals the show as e-commerce dominates M&A activity

Kavya Kothiyal

When it comes to M&A deals, Flipkart undoubtedly stands out as the Indian startup ecosystem’s greatest success -- not ....

26 December, 2018

Flashback 2018: Unicorns, Chinese cheques drive buzz in startup ecosystem

Binu Paul

India’s startup ecosystem took a long stride towards maturity this year, as several big-ticket acquisitions and funding ....

24 December, 2018

Micro-delivery grocery startup Milkbasket doubles Series A funding round

Vijayakumar Pitchiah

Gurugram-based micro-delivery grocery startup Milkbasket has raised $7 million (Rs 49 crore) in an extended Series A round led ....

19 December, 2018

Exclusive: Micro-delivery grocery firm Milkbasket raises fresh funds from Mayfield

Vijayakumar Pitchiah

Gurugram-based micro-delivery grocery service Milkbasket has raised closed to Rs 10 crore ($1.37 million at current exchange rates) ....

12 November, 2018

Alibaba's India B2B arm records steep fall in FY18 profit

Payal Ganguly

Alibaba India Ecommerce Pvt. Ltd posted a sharp 88% drop in net profit for the year through March even though its revenue rose ....

1 November, 2018