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Posts Tagged ‘ Grofers India Pvt. Ltd. ’

Grofers FY16 revenue drops, losses widen

Wednesday, January 11, 2017 | More »

Locodel Solutions Pvt Ltd, the company behind hyperlocal delivery startup Grofers, reported a sharp drop in revenue and a multifold jump in losses for 2015-16. Revenue for the year through March 2016 fell 32% to Rs 58.34 lakh from Rs 86.38 lakh the previous year, the company’s annual report filed ...


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 »


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 »


Grofers raises $120M from SoftBank, Tiger Global and others

Locodel Solutions Pvt Ltd, which runs hyperlocal grocery and fresh food delivery platform Grofers, has raised $120 million (Rs 780 crore) in fresh funding led by Japanese internet conglomerate SoftBank Corp. Existing investors Apoletto Managers, Tiger Global Management and Sequoia Capital also parti...

26 November, 2015 | More »


Grofers acqui-hires Townrush, SpoonJoy

Hyper-local grocery and fresh food delivery platform Grofers has expanded its talent pool by acqui-hiring Bangalore-based food delivery app SpoonJoy and B2B logistics startup Townrush. The development was first reported by The Times of India, quoting Albinder Dhindsa, co-founder and CEO of G...

27 October, 2015 | More »


Grofers halts Delhi, Noida deliveries to solve ‘operational issues’

Hyper-local grocery and fresh food delivery platform Grofers has paused operations in Delhi and parts of NCR. Grofers will not deliver orders for Delhi and Noida till Thursday as the startup is dealing with last-mile delivery issues, sources said. Speaking to Techcircle.in, Albinder Dhindsa, co-foun...

19 October, 2015 | More »