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BigBasket`s B2B arm Supermarket Grocery Supplies` losses swell 21% Tata Group-owned BigBasket’s B2B arm Supermarket Grocery Supplies Pvt Ltd’s losses widened 21 per cent to Rs 215.2 crore in FY23, the media reported on Wednesday. The unit registered a turnover of Rs 2,261.3 crore for the fiscal year, The Economic Times reported. In FY22, Supermarket Grocery Supplies’ losses were Rs 177.9 crore at an operating revenue of Rs 1,707.2 crore. BigBasket, which is reportedly aiming for an initial public offering (IPO) in the near future, ...
BigBasket`s B2B arm Supermarket Grocery Supplies` losses swell 21%
BigBasket`s B2B arm Supermarket Grocery Supplies` losses swell 21%
Source: IANS
9/08/2023 4:45:21 PM
Indian e-grocery market to witness growth in tier 2, beyond in 2023 The Indian e -grocery market, primarily dominated by slotted delivery, is set to witness growth in tier 2 and beyond regions, with horizontal players leading the way while the adoption of quick commerce is expected to remain steady, a report has shown. The significant growth in the Indian e-grocery market between 2019 and 2022 can be attributed to the adoption of quick commerce in cities. "The expansion of eGrocery is expected to continue in tier 2+ markets, driven by dominant play...
Indian e-grocery market to witness growth in tier 2, beyond in 2023
Indian e-grocery market to witness growth in tier 2, beyond in 2023
Source: IANS
27/03/2023 10:52:39 AM
Does India order its groceries online? Bangalore, Delhi and Mumbai order groceries equaling the population of South Korea, to a single user spending over 16.6 lakhs on groceries, Swiggy Instamart reveals the grocery trends of 2022: What did the groceries say to each other when they found out Milk was the second most ordered item on Instamart? How Dairy you! Instamart delivered over 4.38 crore packets of milk in 2022 Here is a fact no one is ready for - the most ordered dish during the India-Pakistan World Cup match was.. ...
Does India order its groceries online?
Does India order its groceries online?
Source: IANS
31/12/2022 4:10:24 PM
10-minute delivery platform Zepto partners Zypp Electric  E-logistics service provider Zypp Electric on Monday said it has expanded its partnership with 10-minute grocery delivery platform Zepto to further facilitate last-mile deliveries in a greener way.  Zypp is currently serving 50 Zepto hubs in Delhi-NCR and plans to grow its partnership by 10 times in the next 12 months by doubling its fleet and areas of servicing nationally.   “In this first leg of our partnership, we have collectively helped reduce 1.62 lakh carbon...
10-minute delivery platform Zepto partners Zypp Electric
10-minute delivery platform Zepto partners Zypp Electric
Source: IANS
18/07/2022 3:27:29 PM
Uber's grocery delivery biz grows 10%, Q-Com big opportunity: CEO As quick commerce (Q-commerce) gains momentum, Uber's new verticals businesses, which includes grocery, alcohol, convenience, and other non-restaurant efforts, grew nearly 10 per cent (on-quarter) in Q4 2021, reaching the best month ever in December. According to Uber CEO Dara Khosrowshahi, the ride-hailing major continues to have a strong lead in grocery and other verticals. "We're working to build on that lead with new Quick Commerce offerings and we're intentionally ...
Uber's grocery delivery biz grows 10%, Q-Com big opportunity: CEO
Uber's grocery delivery biz grows 10%, Q-Com big opportunity: CEO
Source: IANS
10/02/2022 12:34:33 PM
10-minute grocery delivery app Zepto raises $100 mn Just five months after launching, 10-minute grocery delivery app Zepto on Tuesday announced it has raised $100 million led by Y Combinator, taking its valuation to $570 million. Besides the fundraise, Zepto has been growing incredibly quickly and is tripling its user-base every month. Over the past two months, Zepto has expanded beyond Mumbai by launching in Bengaluru, Delhi, Gurgaon, Chennai, Hyderabad and Pune (Kolkata to follow), the company said in a statement. "Investors ar...
10-minute grocery delivery app Zepto raises $100 mn
10-minute grocery delivery app Zepto raises $100 mn
Source: IANS
21/12/2021 11:10:15 AM
NAFED plans to open about 200 grocery stores by end of fiscal  The NAFED plans to open about 200 more stores under the franchise model by the end of this financial year in various parts of the country, an official said on Thursday. The National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), the Central government agency engaged in procurement, processing, distribution, export and import of various agricultural commodities, has, in collaboration with the Tirupati Cooperative, opened its first grocery store in the name of NAFE...
NAFED plans to open about 200 grocery stores by end of fiscal
NAFED plans to open about 200 grocery stores by end of fiscal
Source: IANS
25/06/2021 9:21:45 AM
Home cooking, booze demand fire up global grocery sales in 2020 - Report The global grocery sector grew a record 10% in 2020, industry data showed on Wednesday, as people stuck at home under COVID-19 restrictions cooked, baked and drank more. Market researcher Kantar said everything from canned meat and beer to sugar and bleaches flew off the shelves, with the United States accounting for the largest chunk of the spending, followed by Western Europe, Latin America, Eastern Europe and Asia. Data for the report was collected from households in 4...
Home cooking, booze demand fire up global grocery sales in 2020 - Report
Home cooking, booze demand fire up global grocery sales in 2020 - Report
Source: Reuters
21/04/2021 8:48:31 AM