Posts Tagged ‘ Grofers India Pvt. Ltd. ’
Wednesday, January 11, 2017
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 ...
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 |
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 |
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 |
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 |
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 |