March 16th, 2018Gurgaon based online hyperlocal market startup Grofers raises 400 crore funding from Japanese conglomerate SoftBank Group, Tiger Global, and Apoletto Asia. The Grofers has raised so far $226.5 million funding.
However the early investor in Grofers, Sequoia Capital will not participate in this round.
Pixr8 news was the first...
February 23rd, 2018Bengaluru- Guragon based online grocery start-up Grofers is looking to raise $65 Million fresh funding from leading investors like Softbank & Tiger global. But the funding round will devalued 40% of Grofers valuation as per the report published by LiveMint.
However the early investor in Grofers, Sequoia Capital will not...
April 1st, 2017Trifecta Capital today announced that it has provided Rs. 45 crores of venture debt to SuperMarket Grocery Supplies Pvt. Ltd. that owns and operates the online food and grocery portal bigbasket.com. The funds will be used to meet the capex requirements of the company, including setting up new warehouses, strengthening the cold chain and...
March 15th, 2017Grofers, the on-demand e-commerce mobile and web application, is now enabling payment via meal vouchers by partnering with Sodexo. Grofers customers will now be able to pay for their groceries, fruits, vegetables and bakery items through Sodexo meal vouchers, in addition to the multiple payment options that presently exist on the app and...
February 13th, 2017Founded in late 2014 by a bunch of IITans,Jugnoo, the auto-rickshaw aggregator, announced its entry into the taxi aggregation business on Sunday to take on other Taxi aggregators like Ola and Uber.
Apart from Taxi aggregator, Jugnoo also entered the market as an hyperlocal businesses food and grocery delivery service. As per the...
December 26th, 2016Shadowfax, one of India’s largest express delivery platform has raised $10 million (Rs 68 crore) in Series B funding led by existing investor Eight Roads Ventures, an investment arm of Fidelity International Ltd. The investment will use to build its network, consolidate its market position and stabilise performance in existing cities,...
November 11th, 2016As part of its ongoing mission of helping India go cashless, Paytm, India’s largest mobile payments and commerce platform, today introduced the ‘Nearby’ feature on its platform. This will enable Paytm customers to get information about their nearest Paytm merchant.
Paytm ‘Nearby’ will carry a directory of 800,000 of offline...
August 27th, 2016bigbasket.com, India's largest online supermarket has taken a lead by voluntarily setting a subsistence price of tomatoes for farmers hit by crisis due to the sudden crash of tomatoes in Karnataka.
With a glut of tomatoes in the Bangalore market owing to a bumper harvest in the growing regions of Kolar, Malur and Chikbalalpur, prices...
April 25th, 2016PepperTap Shuts Down Grocery Delivery, Pivots to Logistics Sriram Sharma , 25 April 2016
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PepperTap Shuts Down Grocery Delivery, Pivots to Logistics
Hyperlocal grocery delivery startup PepperTap announced on Saturday that it will be shutting down its operations, the latest casualty in a...
