PepperTap
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Positive quarter puts retailers on growth path
Prominent retailers of the country seem to be on a roll when it comes to posting their quarterly numbers. While Future Lifestyle Fashion posted a nine fold jump in net profit, encouraging festival season sales saw, Shoppers Stop reporting...
Food
Amazon launches grocery delivery app in Bengaluru
Bangalore: E-Commerce giant Amazon launched a grocery delivery app, wriggling its way into the already crowded hyperlocal grocery delivery market. The space is currently occupied by domestic players like Grofers, LocalBanya and PepperTap.
The app, Amazon Now, will provide shoppers...
Progressive Grocer
Grofers rolls back operations in nine cities
Hyperlocal grocery delivery app Grofers, has shut delivery operation in nine cities, where it started a pilot in September last year, as sales in these locations failed to garner traction.
The cities where it has decide to stop services include...
Progressive Grocer
PepperTap completes Series B round with USD 40mn
On-demand hyperlocal grocery delivery service PepperTap has received an additional USD4 million from InnoVen Capital as part of a series B funding round which is now closed after raising a total of USD40 million.
In September this year, the company...
Progressive Grocer
Grofers raises USD120 mn in series C funding from SoftBank
Gurgaon-based hyperlocal delivery start-up Grofers has raised USD120 million (Rs 800 cr) in latest funds largely from Japan’s SoftBank Corp. Apoletto Asia, the personal investment vehicle of DST Global's partners, Russian billionaire Yuri Milner, and existing investors Tiger Global...
Retail
Omni-channel is manifestation of a consumers' market: Govind Shrikhande
In the past few years, online retailers have disrupted the retail universe with huge promotions and deep discounts causing a major dent to brick-and-mortar retailers’ revenues as consumers increasingly shifted towards online platforms.
But as more and more consumers moved...
Progressive Grocer
HyperCITY to open three stores in Delhi NCR this year, first store opens today
After expanding its store network in West and South India, K Raheja Corp company HyperCITY Retail (India) opened its first store in Delhi NCR today. This is the chain's third outlet in North India.
Spread over 38,000 sq.ft, the store...
Progressive Grocer
Hypercity to open its first retail store in Delhi NCR
K Raheja Corp company HyperCITY Retail (India) plans to open its first store in Delhi-NCR on November 6, 2015. The store is opening at Noida's Great India Palace Mall.
HyperCITY, which launched its first store in Malad, Mumbai, now has...
Retail
PepperTap taps into consumer safety with new features
In order to raise the bar for consumers' safety and convenience, hyperlocal grocery deliver startup PepperTap has launched two new features -- Number Disguising and Order Modification -- on its mobile app.
With the Number Disguising feature, the company ensures...
Progressive Grocer
PepperTap raises USD 36 mn in Series B funding, additional USD 20 mn expected
On-demand hyperlocal grocery delivery service PepperTap has closed a Series B funding round of USD36 million. The latest funding round was led by Snapdeal along with existing investors Sequoia India and SAIF Partners, the company said.
The funding also saw...
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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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