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
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
Grofers expects a revenue of Rs 30 crore per annum from the packaged milk business, Grofer CEO Albinder Dhindsa said
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
Grofers co-founder and CEO Albinder Dhindsa said Grofers has been witnessing over 30 percent month-on-month growth
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
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.