Albinder Dhindsa

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

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

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

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.