Why are Reliance, Adani and Tatas excited about the business of staples?
Only 11% of the atta sold is branded. Just 5% of rice is branded, while 95% of sugar and 92% of pulses are sold loose
Only 11% of the atta sold is branded. Just 5% of rice is branded, while 95% of sugar and 92% of pulses are sold loose
Mahindra Logistics expects a slower start to the year due to Ukraine crisis, and a pick up across segments in the later part of the year.
While the government says e-commerce firms can resume delivery of non-essential items from April 20, a surge in the number of Covid-19 cases in the past week could stop consumers from shopping online.
E-commerce firms delivering essential commodities faced many hassles on Day One of the 21-day national lockdown; they’re working with local authorities to resolve the issues.
With the latest acquisition, bigbasket aims to grow its business by about 200% in the next 12 months. Alibaba-backed bigbasket forayed into the milk-delivery space in 2018.
GGV Capital’s Hans Tung says super apps will help take a bigger share of the consumers’ wallet, and sees Swiggy becoming a super app in India.
The company is set to raise $160 million in a new funding round from foreign investors, making it the latest entrant to the $1 billion valuation club.
Swiggy, which started doorstep delivery of home essentials recently, has the advantage of an existing network. But it will take more for it to find its niche in a space led by Big Basket and Grofers.
The Bengaluru-headquartered unicorn will deliver groceries, flowers, and medicines from both online and offline stores to your doorstep through its new service called Swiggy Stores.
It is expected to be the fastest-growing segment in online retail.