Albinder Dhindsa

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Albinder Dhindsa - Total results - 8
Coronavirus Outbreak: Grofers to hire 5,000 people over two weeks; will ramp up capacity to meet spike in orders
Business

Coronavirus Outbreak: Grofers to hire 5,000 people over two weeks; will ramp up capacity to meet spike in orders

Online grocery platform Grofers is looking at hiring 5,000 employees to ramp up its capacity to meet the spike in orders amid the nationwide lockdown

Grofers loss widens to Rs 448 cr in FY19; firm says on track to double GMV to Rs 5k cr in FY20
Business

Grofers loss widens to Rs 448 cr in FY19; firm says on track to double GMV to Rs 5k cr in FY20

SoftBank-backed Grofers reported widening of its loss to Rs 448 crore in 2018-19 financial year, while its income rose by over 56 percent from the previous fiscal, according to regulatory documents filed by the company

Online supermarket Grofers forays into packaged milk category, price to be 12% lower than competitors
Business

Online supermarket Grofers forays into packaged milk category, price to be 12% lower than competitors

Grofers expects a revenue of Rs 30 crore per annum from the packaged milk business, Grofer CEO Albinder Dhindsa said

Grofers to focus on doubling sales to Rs 5,000 crore by FY20, targets IPO within next three years
Business

Grofers to focus on doubling sales to Rs 5,000 crore by FY20, targets IPO within next three years

Grofers that was last valued at $600 million has moved out of hyper-local delivery model 3 years ago

SoftBank-backed online grocery delivery platform Grofers aims to garner $2.5 billion in revenue by 2020
Business

SoftBank-backed online grocery delivery platform Grofers aims to garner $2.5 billion in revenue by 2020

Grofers co-founder and CEO Albinder Dhindsa said Grofers has been witnessing over 30 percent month-on-month growth

Grofers eyes over Rs 2,500 cr revenue in FY19; says clocking 150 cr revenue per month
Business

Grofers eyes over Rs 2,500 cr revenue in FY19; says clocking 150 cr revenue per month

In March this year, Grofers had announced raising Rs 400 crore (around $62 million) in funding led by SoftBank, Tiger Global and Apoletto Asia.

Grofers to enter FMCG segment with revenue target of Rs 2,500 cr by FY19; aims to bring 100 million customers to its platform
Business

Grofers to enter FMCG segment with revenue target of Rs 2,500 cr by FY19; aims to bring 100 million customers to its platform

Grofers closed FY 18 with Rs 950 crore of sales and is targeting for a stronger growth trajectory in 2019, with a 50% contribution from its private brands

Indian local delivery service Grofers raises $120 million in funding, valued over $300 million
News & Analysis

Indian local delivery service Grofers raises $120 million in funding, valued over $300 million

The latest name to secure a significantly higher level of funding is Grofers. According to a report – Grofers – a hyperlocal delivery service has managed to raise $120 million in funding, which translates to effectively Rs 780 crore.