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Japan's SoftBank plans to increase stakes in India's e-commerce biz; looks to play consolidator in online shake-up
Sun, May 07, 2017
Japan's SoftBank is seeking to secure a piece of India`s industry leaders in everything from payment systems to online shopping and groceries, in a series of deals that would shake up the $65 billion sector, cited the sources with direct knowledge of the matter.
Over 50% people switched to online grocery shopping after demonetisation: Survey
Mon, Jan 16, 2017
A major reason for people to order grocery products online was the cash free transactions.
Year in review: Consumer internet sector slows in 2016
Fri, Dec 30, 2016
Indian consumer internet sector comprising of cab aggregator platforms like Ola and Uber along with grocery and fashion e-commerce platforms slowed down in 2016.
BigBasket eyes Rs 2,000-crore revenue by end of FY17; expects to become profitable by March 2018
Sun, Dec 04, 2016
With people becoming comfortable buying even milk and bread online, e-grocery platform BigBasket on Sunday said it has seen 300% growth in revenue in the past one year and expects to cross the Rs 2,000 crore-milestone by the fiscal-end.
VC funding for startup declines over 60% from its peak in Q3 last year
Mon, Jul 04, 2016
Investment activity in India for VC backed companies has reduced to $1,153 million in Q1 2016 from the heights of $2,897 million in Q3 2015,
Now get your fruits and veggies within two hours on Amazon
Thu, Jun 23, 2016
Recently, the government has allowed 100% FDI in food sector.
Price crosses Rs 100 but online grocery websites sell tomatoes for cheap
Mon, Jun 20, 2016
Price for a kilogram (kg) of tomatoes may have crossed Rs 100 in certain parts of India but fret not, online grocery websites like Grofers, ZopNow and Bigbasket are selling tomatoes, potatoes and pulses at a steep 50% discount!
Food delivery biz feels the pinch as funding dries up
Tue, May 24, 2016
Besides TinyOwl, others Indian startups in this category such as Peppertap, Groffers, FoodPanda, Zomato, BigBasket, among others have cut down or closed many of their operations.
Local Banya to PepperTap: Grocery startups getting stale at an alarming rate
Mon, Apr 25, 2016
PepperTap has shut operations of its online grocery business and is the second to take this route after LocalBanya