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Flipkart ups ante against Amazon, sets up food retail unit

E-commerce giant Flipkart on Tuesday said it is setting up a new local entity - Flipkart Farmermart - that will focus on food retail in India, as it looks to take on arch-rival Amazon in the segment. According to sources...

Bigbasket aims to increase EVs in delivery fleet by 10-20 times in a year

Online grocery platform Bigbasket on Friday said it is planning to increase electric vehicle-based delivery feet by 10-20 times within a year. Currently, the e-commerce firm claims to have 150 electric vans and 50 electric bikes and "plans to...

Cash On Delivery: E-Commerce’s pain point

Shruti Barrot’s cash on delivery order, a white shirt, has arrived and the delivery executive is waiting at the door. However, Shruti had happened upon a cheaper, smarter piece, which fit her during her mall visit a day earlier...

BigBasket gets Rs 100 cr venture debt from Trifecta Capital

Trifecta Capital on Monday said it has provided Rs 100 crore in venture debt to SuperMarket Grocery Supplies, the parent of online food and grocery delivery startup BigBasket. “This is the largest venture debt transaction in the country…The funds will...

Grofers to deploy 500 e-vans in fleet by Dec-end

Online grocery retailer Grofers on Monday said it plans to deploy about 500 electric vans to its last mile-delivery fleet as part of its sustainability efforts. The SoftBank-backed company had started a pilot with about 50 e-vans last year...

Warehousing: The backbone of the e-commerce business

The warehouse industry in India has come a long way from godowns and mismanaged empty spaces to become the backbone of the growing e-commerce industry in India. Going by current industry estimates, the warehouse space in India will grow...

Amazon expands Pantry to 110 Indian cities

E-commerce major Amazon.in Thursday said it has expanded its 'Pantry' service to over 110 cities in the country as it bets big on the grocery category to drive growth in business. Amazon Pantry has been aggressively expanding its presence to...

Decoding the rapid rise of online grocery shopping in India

Over the past few years, the online grocery industry has seen truly exceptional changes. E-commerce retailers are always looking for new concepts that can make life easier for the time-pressed consumers. I believe one such booming introduction we saw...

Grofers raises US$ 200 mn led by SoftBank Vision Fund for market expansion

Online grocery retailer Grofers Wednesday said it has raised over US$ 200 million (over Rs 1,400 crore) in funding, led by SoftBank Vision Fund. The series F funding saw participation from new investor, KTB, and existing investors, Tiger Global Management...

Mirae-Naver, Alibaba, CDC invest US$ 150 mn in BigBasket

South Korean Asset financial group Mirae-Naver, Chinese e-tail behemoth Alibaba group and British development finance institution CDC on Monday said they have collectively invested US$ 150 million (Rs 1,040 crore) in grocery major BigBasket's firm Supermarket Grocery Supplies Ltd. "The...
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The Luxottica report card for 2022

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