Era ends at Alibaba as Jack Ma steps down

Shweta Sharma

Jack Ma stepped down as chairman of Chinese retail behemoth Alibaba today, and the ecommerce conglomerate will now be run by chief ....

10 September, 2019

Fish and meat e-tailer FreshToHome raises $20 mn

Binu Paul

Bengaluru-based online fresh fish and meat retailer FreshToHome has raised $20 million in a Series B funding round led by venture ....

26 August, 2019
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Targeting high-frequency grocery segment, Amazon launches Fresh service in India

Binu Paul

Amazon India has introduced its urban food-delivery service Amazon Fresh as it looks to leverage the enormous potential of the ....

22 August, 2019

Funding Roundup: Rebel Foods scores a big investor, Tiger bets on B2C as funding crosses $400 mn

Vijayakumar Pitchiah

In another busy week for dealmaking in India’s technology sector, as many startups scooped up a total of  $446.06 million ....

2 August, 2019

Bounce plans to raise $30 mn; PhonePe gets fresh funds

Team TC

Scooter rental platform Bounce likely to get more funds from existing investors. Flipkart-owned PhonePe gets over $100 million. ....

30 July, 2019

BigBasket raises $14.6 mn venture debt from Trifecta Capital

Shweta Sharma

Online grocery delivery platform BigBasket has raised $14.6 million (Rs 100 crore) venture debt from Trifecta Capital.  The ....

29 July, 2019
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Why Bigbasket will dip its toes, but not dive into the physical grocery market

Vijayakumar Pitchiah & Anand J

At a time when firms are looking to blend stores with e-commerce in their omni-channel attempt to attract customers, online grocer ....

10 June, 2019

Watch: Hari Menon on making Bigbasket a consumer staple

Anand J & Vijayakumar Pitchiah

Marquee investors have been doubling down on India’s online grocery segment, with both Alibaba-backed Bigbasket and ....

10 June, 2019

Tech startup funding breaches $1 bn in May on the back of growth deals

Vijayakumar Pitchiah

Investments in technology startups surged to $1.2 billion in May on the back of a number of big-ticket growth-stage bets by investors ....

4 June, 2019

Unilever Ventures leads $10.5 mn funding for grocery delivery firm Milkbasket

Binu Paul

Grocery delivery startup Milkbasket has raised its largest funding worth $10.5 million (Rs 73 crore at current exchange rate), ....

4 June, 2019
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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

Flipkart launches online grocery operations in Mumbai

Vijayakumar Pitchiah

Walmart-owned homegrown e-commerce major Flipkart said it has launched its grocery brand Supermart in Mumbai, making the city ....

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

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

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