Author Topic: Developments in the Indian Online Grocery Market  (Read 2436 times)

wiredlife

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Developments in the Indian Online Grocery Market
« on: April 23, 2015, 04:21:50 PM »
We'd like to highlight the Developments in the India online grocery sector

Nov-14 Reliance Reliance Retail launched a website to deliver fresh grocery products in select neighborhoods of Mumbai
Feb-15 Godrej Godrej Nature?s Basket acquired online grocery store Ekstop
Feb-15 PepperTap Hyper local grocery e-tailing startup PepperTap, secured an undisclosed amount in seed funding from venture capital firm Sequoia Capital
Feb-15 Grofers Grofers, a mobile-based platform that connects offline retailers with consumers, raised $10 million in its Series A round of funding from Tiger Global and Sequoia
Mar-15 LocalBanya LocalBanya.com raised undisclosed amount in funding from family office Shrem Strategies
Mar-15 Amazon Amazon India launched an express delivery platform in partnership with mom-and-pop stores called ?KiranaNow
Apr-15 BigBasket BigBasket launched delivery in 60 minutes or less through collaborations with neighborhood stores, cultivating offline partners to secure its dominance
Apr-15 Flipkart Flipkart announced plans to begin selling groceries from the second half of 2015
Apr-15 ZopNow Online grocer ZopNow raised $10M from Dragoneer and existing investors Accel Partners, Qualcomm Ventures and Times Internet