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
grocery
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Mahindra Logistics eyes quick commerce; expects slower H1 due to Ukraine crisis
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.
Business not as usual for e-commerce firms
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.
Covid-19: Lockdown slows down online grocers
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.
bigbasket acquires milk-delivery startup DailyNinja
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.
‘There won’t be many, but handful of super apps in each region’
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.
BigBasket joins unicorn club
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.
Can Swiggy take more orders?
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.
Now order groceries, home essentials through Swiggy
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.
Online grocery: The next battleground
It is expected to be the fastest-growing segment in online retail.
