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Posts Tagged ‘ Albinder Dhindsa ’

Will a possible BigBasket-Grofers merger stave off competition from Amazon?

Monday, January 16, 2017 | More »

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Online grocers BigBasket and Grofers have both rejected a media report of a possible merger. This has not prevented experts from speculating about what could probably be the biggest merger in the e-grocery segment. Such a consolidation would create an entity with a lion’s share of India’s expand...

BigBasket006

Softbank-backed Grofers tweaks biz model to take on BigBasket

For on-demand online grocery delivery service provider Grofers, 2016 has been a year of change. The Gurgaon-headquartered startup not only scrapped its app-only model and launched a website; it has also quietly revamped its business strategy and operation processes. Grofers, which earlier operated o...

5 December, 2016 | More »

Grofers

Grofers scraps app-only model, launches website

Tiger Global-backed grocery delivery firm Grofers India Pvt. Ltd has scrapped its app-only model and launched its desktop website. The move comes at a time when the Gurgaon-based startup is struggling with margins and unit economics. “Launching Grofers website on desktop – Grofers.com. Best offe...

20 October, 2016 | More »

layoff

Grofers lays off staff, revokes campus offers

Tiger Global-backed grocery delivery firm Grofers has let go some employees and revoked campus job offers as part of a restructuring of operations, indicating the growing pains Indian startups are facing as the funding crunch deepens. “In the past couple of months, we have been making some necessa...

29 June, 2016 | More »

TC2

Only top five hyperlocal grocery startups to survive: Grofers’s Albinder Dhindsa

Consolidation in the hyperlocal grocery delivering space will happen in the next six months and only the top five players will survive, says Albinder Dhindsa, co-founder and CEO, Grofers. “I think consolidation will happen in the next six months. We can’t expect 10 players in every space will su...

14 December, 2015 | More »