Ola Store | Pixr8 News

New Delhi/Bengaluru: Ola, India’s largest taxi-hailing service will shut down its grocery (Ola Store) and food delivery services (Ola Cafe). As per report the company slows expansion plans and struggles to build customer demand for the business units and huge delivery costs is the main reason behind this move. “It (grocery) is not a profitable business and has huge delivery costs,” said one of the two people cited above, requesting anonymity. While Ola Store currently operates in Bengaluru, Hyderabad and Gurgaon, Ola offers its food delivery services in Mumbai, Bengaluru, Hyderabad and Delhi. Investors have poured more than Rs.800 crore into online grocers and delivery firms over the past two years.The food and groceries market in India, which is estimated to touch $480 billion in 2...

It’s Saturday morning and a hyperlocal experiment is playing on my mind. I have decided to fix a basket of goods and order from each of the new hyperlocal superstars that have hit the scene. Taking a page from the recent coverage, I chose the following: Grofers Peppertap Flipkart Nearby Amazon Kirana Snapdeal Instant Ola Store ZopNow Next I needed to fix a basket of goods that were across product groups like fruits & veggies, grocery/staples, branded foods and home cleaning products. This would also allow comparison of quality (I can expect variations in fruits and any in-house item like dal) and availability and discounts to MRP for packaged goods. It also needed to be stuff I could use 5 times over since everything is ideally going to arrive the same day! Have b...

Tag: Ola Store

Ola Shuts Down Its Grocery and Food Delivery Services

This Indian lady has done an experiment, purchased from all online Hyperlocal Grocery stores to check their end results!!!