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Hari Menon aims for the biggest share in India’s grocery basket

The online retail market in India is expected to grow 250 per cent to touch Rs 1.8 trillion by 2020 fiscal. Over the next three years, the e-retail industry is expected to continue its strong run, growing over 2.5...

How e-grocers can make money and stay profitable

The Internet has revolutionized the way we make friends and connect with them, how we are entertained, and how we shop. From clothing and cosmetics to appliances and food, everything is available online and at your fingertips. The modern...

Amazon India re-brands groceries service to ‘Prime Now’

E-commerce giant Amazon is aggressively ramping up selection for grocery on its platform and focussing on speedier delivery as it looks to consolidate its position in the segment against rivals like bigbasket and Grofers. The competition in the segment...

Patanjali expects online sales to grow in coming months

Baba Ramdev led Patanjali Ayurved is clocking an online sales of up to Rs 15 crore every month and expect it to grow further every month, said a top official. According to a PTI report: The Haridwar-based company has done...

E-retailing market likely to surge two-fold in three years

The booming e-retail market is likely to surge over twofold over the next three years, as players will be forced to shift their focus from discounts to consolidation, geographical diversification, business realignment and enhancing customer stickiness, says a report. According...

The changing landscape of food retailing in India

A joint report by National Restaurants Association of India and Technopak Advisors state that the foodservice market in India is projected to touch Rs 4.98 trillion by 2021. These are no small numbers as in 2016, the market was...

bigbasket raises US $300 million from Alibaba, others

Bengaluru-based hyperlocal grocery delivery company bigbasket has raised a massive US $300 million Series E funding round led by Chinese conglomerate Alibaba, others. Alibaba contributed around 75 per cent (around US $225 million) of the total funding while existing investors...

Budget 2018: What food industry biggies want this year

In the run up to budget, consumer goods companies are looking for a greater thrust on food processing sector to add value to the agricultural produce, increase in rural wages and reduction in taxes to leave more money in...

bigbasket to invest Rs 500 cr to strenghten farmer sourcing, tech

Online grocery store bigbasket expects to spend up to Rs 500 crore to strengthen its technology and back-end farmer supply chain as it looks to more than double its customer base to 20 million by 2020, a top company...

British F&B brands to explore alliance avenues at India Food Forum 2018

UK's top F&B brands would be participating in the 11th edition of India Food Forum 2018 to explore alliance avenues with prospective Indian partners offering opportunities to sign powerful deals across India. These UK brands would take part in B2B...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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