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Posts Tagged ‘ Grofers ’

Grofers scraps app-only model, launches website

Thursday, October 20, 2016 | More »

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...


Is lack of exits impacting Tiger Global’s Indian appetite?

From 2005, when it first set foot in India, till 2015, Tiger Global was roaring in the Indian startup jungle. The US-based asset management firm with hedge and venture capital funds made calculated moves in the first five years making two to five investments annually. In 2011, it took a massive leap...

12 September, 2016 | More »


Why some investors are betting on competing businesses

Two weeks ago, Taiwanese chip designer MediaTek invested $60 million in One97 Communications, which runs Paytm, a mobile wallet platform and an online shopping site. In itself, the transaction is not unusual – Paytm is raising funds for growth and MediaTek is known for backing innovative firms. Wh...

12 September, 2016 | More »


Why hyperlocal grocery startup Zapmart wants to open offline stores

Online hyperlocal grocery startup Zapmart plans to set up brick-and-mortar stores, as the Mumbai-based company seeks to avoid the risks that sank several ventures in the segment. Zapmart founder Parvez Siddiqui told TechCircle the physical stores will be part of an omni-channel strategy and help att...

7 September, 2016 | More »


Exclusive: Grocery delivery startup GrocShop folds as pain spreads

Mumbai-based online grocery delivery firm GrocShop has shut down, joining the growing list of startups that failed to find a profitable growth model in a segment which until recently was attracting investors in droves but is now feeling the pinch of a slowdown in funding. GrocShop co-founder Ayush G...

30 June, 2016 | More »


How Grocermax is doing things differently in India’s e-grocery space

Few will disagree that India’s online grocery market offers vast opportunities. Few will agree, however, on how to tap into those opportunities. The recent shutdown of VC-funded online grocery firm PepperTap and the operational consolidation by Grofers clearly indicate the challenges that such del...

6 May, 2016 | More »


What PepperTap’s shutdown means for e-grocery business

India’s third-largest e-grocer PepperTap shutting shop reveals the challenge of running a tech startup, expanding aggressively and managing customer expectations as discounts recede with longer path to profitability. It also shines some light on the complexities related to the grocery vertical...

26 April, 2016 | More »


Why VC-backed PepperTap shut its hyperlocal grocery business

Gurgaon-based PepperTap began its online grocery delivery business in late 2014 and quickly expanded to become the third most heavily funded player after BigBasket and Grofers. Its end was equally quick. The startup late last week decided to shut down its main business after months of rapid expansio...

25 April, 2016 | More »


Flipkart pulls the plug on grocery delivery app Nearby

The country’s largest e-commerce venture Flipkart has shut down its grocery delivery app Nearby, five months after it was launched in Bangalore. “Flipkart Nearby was a piloted in select areas of Bangalore. The experiment was a test for understanding efficiencies and operations of the hyper local...

26 February, 2016 | More »


Amazon unveils hyperlocal grocery delivery app, to dabble in used goods

Online marketplace Amazon India on Wednesday started a hyperlocal grocery delivery service via an app in a development that could intensify competition for startups such as Grofers, LocalBanya and PepperTap. The local arm of Amazon.com Inc. launched its Amazon Now app that offers two-hour delivery f...

3 February, 2016 | More »

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