Grofers FY16 revenue drops, losses widen

Disha Sharma

Locodel Solutions Pvt Ltd, the company behind hyperlocal delivery startup Grofers, reported a sharp drop in revenue and a multifold ....

11 January, 2017

Fashion discovery app Findow gets seed funding, eyes tier-two cities

Disha Sharma

Fashion discovery app Findow has received an undisclosed amount in seed funding from Raj Singh Bhandal, director at Next Media ....

13 September, 2016
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Why hyperlocal grocery startup Zapmart wants to open offline stores

Nishant Sharma

Online hyperlocal grocery startup Zapmart plans to set up brick-and-mortar stores, as the Mumbai-based company seeks to avoid ....

7 September, 2016

Sequoia India-backed Indonesian on-demand services platform Go-Jek raises $550 mn

Vijayakumar Pitchiah

Jakarta-based PT Go-Jek Indonesia, which runs personal transportation and hyperlocal shopping app Go-Jek, has secured $550 million ....

4 August, 2016

Exclusive: Syska invests in hyperlocal grocery delivery startup Tokri

Nishant Sharma

Pune-based hyperlocal delivery startup Tokri has raised a pre-Series A round of funding from Syska LED group, a top company executive ....

1 August, 2016

Exclusive: Grocery delivery startup GrocShop folds as pain spreads

Varun Arora

Mumbai-based online grocery delivery firm GrocShop has shut down, joining the growing list of startups that failed to find a profitable ....

30 June, 2016
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Grofers lays off staff, revokes campus offers

Varun Arora

Tiger Global-backed grocery delivery firm Grofers has let go some employees and revoked campus job offers as part of a restructuring ....

29 June, 2016

Exclusive: Ad-tech venture Machadalo gets $175K

Nishant Sharma

Hyperlocal advertising technology platform Machadalo.com, which is run by Mumbai-based Vijaikirti Technologies Pvt Ltd, has raised ....

31 May, 2016

Exclusive: Restaurant food pre-ordering app Zeppery shuts shop

Nishant Sharma

Mobile app Zeppery which allows users to pre-order food at restaurants and other food outlets and thus avoid long queues has decided ....

13 May, 2016

Micro-delivery startup Milkbasket raises $500K from EVC, others

Nishant Sharma

Gurgaon-based Aaidea solutions Pvt. Ltd, which runs micro-delivery grocery startup Milkbasket, has raised $500,000 (Rs 3.3 crore) ....

26 April, 2016
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Why VC-backed PepperTap shut its hyperlocal grocery business

Priya Prasad

Gurgaon-based PepperTap began its online grocery delivery business in late 2014 and quickly expanded to become the third most ....

25 April, 2016