CCI has approved #Zomato's proposed purchase of 9.3% stake in online grocery shopping player #Grofers India.
Read at: https://www.moneycontrol.com/news/business/competition-commission-approves-zomato-buying-9-3-stake-in-grofers-india-7333681.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/business/competition-commission-approves-zomato-buying-9-3-stake-in-grofers-india-7333681.html?utm_source=telegram&utm_medium=social
Moneycontrol
Competition Commission Approves Zomato Buying 9.3% Stake In Grofers India
Zomato, last month, said it has invested $100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company looks to have more exposure to the online grocery segment.
#Grofers, which has been working on reducing its grocery delivery time from 15 to 10 mins, assured that the service won't happen at the cost of safety.
Read at: https://www.moneycontrol.com/news/business/startup/quick-deliveries-not-coming-at-the-cost-of-safety-grofers-albinder-dhindsa-7398991.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/business/startup/quick-deliveries-not-coming-at-the-cost-of-safety-grofers-albinder-dhindsa-7398991.html?utm_source=telegram&utm_medium=social
Moneycontrol
Quick Deliveries Won't Happen At The Cost Of Safety: Grofer's Albinder Dhindsa
Last month, Grofers claimed it made 7,000, 15-minute deliveries in a single day.
#StartUpWithMC | #ICYMI | "Imagine if you can get anything delivered to you in less than 10 mins. Milk for your morning chai. The perfect shade of lipstick for tonight’s party. Even an iPhone," says Grofers Founder & CEO, Albinder Dhindsa.
Priyanka Sahay at 👇
https://moneycontrol.com/news/business/startup/grofers-likely-to-enter-horizontal-e-com-plans-to-deliver-anything-including-iphones-in-10-minutes-7593371.html
#Grofers #Delivery
Priyanka Sahay at 👇
https://moneycontrol.com/news/business/startup/grofers-likely-to-enter-horizontal-e-com-plans-to-deliver-anything-including-iphones-in-10-minutes-7593371.html
#Grofers #Delivery
Moneycontrol
Grofers Likely To Enter Horizontal E-com; Plans To Deliver Anything Including IPhones In 10 Minutes
Online grocery delivery service Grofers, founded in December 2013, plans to involve members of the local community in expanding its product offerings to mobile phones.
#StartUpWithMC | Online food delivery firm @swiggy_in will invest $700 mil in its express grocery delivery business #Instamart to grow it at even faster rates.
Chandra R Srikanth & Priyanka Sahay report at
https://www.moneycontrol.com/news/business/startup/swiggy-to-invest-700-million-in-instamart-clocks-one-million-weekly-grocery-orders-7782941.html
#BigBasket #Grofers #Instamart #Swiggy
Chandra R Srikanth & Priyanka Sahay report at
https://www.moneycontrol.com/news/business/startup/swiggy-to-invest-700-million-in-instamart-clocks-one-million-weekly-grocery-orders-7782941.html
#BigBasket #Grofers #Instamart #Swiggy
Moneycontrol
Swiggy To Invest $700 Million In Instamart, Clocks One Million Weekly Grocery Orders
Swiggy's move to commit a huge investment to Instamart comes at a time when there is heightened competition in the so-called quick commerce space in India- where startups are promising delivery of essentials in under an hour.
#Grofers which promises its customers instant delivery - in just 10 mins - has now also changed its name to #Blinkit amidst rising competition in the quick commerce space.
Read more:
https://www.moneycontrol.com/news/business/startup/grofers-rebrands-to-blikit-as-it-chases-customers-with-10-minute-delivery-7817981.html?utm_source=telegram&utm_medium=social
Read more:
https://www.moneycontrol.com/news/business/startup/grofers-rebrands-to-blikit-as-it-chases-customers-with-10-minute-delivery-7817981.html?utm_source=telegram&utm_medium=social
Moneycontrol
Grofers Rebrands To Blinkit As It Chases Customers With 10-minute Delivery
The idea seems to be suggesting that Grofers will deliver with the blink of an eye.
#StartUpWithMC | Online #GroceryDelivery firm blinkit has set up 300 partner stores across the country through which it is enabling grocery delivery in 10 minutes, founder & CEO Albinder Dhindsa said
Priyanka Sahay ✍️ at https://www.moneycontrol.com/news/business/startup/zomato-backed-blinkit-sets-up-300-partner-stores-to-enable-10-minute-grocery-delivery-7858181.html?utm_source=telegram&utm_medium=social
#Blinkit #Grofers #startup
Priyanka Sahay ✍️ at https://www.moneycontrol.com/news/business/startup/zomato-backed-blinkit-sets-up-300-partner-stores-to-enable-10-minute-grocery-delivery-7858181.html?utm_source=telegram&utm_medium=social
#Blinkit #Grofers #startup
Moneycontrol
Zomato-backed Blinkit sets up 300 partner stores to enable 10-minute grocery delivery
The announcement comes soon after the company decided to pull the plug in areas it wasn't able to deliver groceries in 10 minutes.