Guess how much Sequoia executives made from Oyo
The windfall for the fund executives comes on the back of RA Hospitality, a special purpose vehicle domiciled in the Cayman Islands, recently buying Oyo shares worth $1.3 billion from these two venture firms on behalf of Agarwal.
The Latest: Trump claims Americans need IDs to buy groceries
8 p.m. President Donald Trump is wrongly claiming that Americans need photo IDs to buy groceries as he rails against the idea of noncitizens voting.
After FDI, now FSSAI comes out with guidelines for online food players
After the FDI issued new norms to online retailers, the FSSAI has stepped up scrutiny and has come out with guidelines for online food and g...
Companies need to comply with BIS norms on after-sales support
BIS, which lays down norms with regards to quality and safety of goods sold in the country, has formed a panel, called Services Sector Divisional Council, to frame regulations in this regard.
Grocery and milk delivery startup Milkbasket gets $7 million in Series A
This is the latest funding in the milk and grocery delivery space, with players such as Daily-Ninja and Doodhwala also having picked up venture capital in recent months.
BigBasket forays into micro-delivery segment with new acquisitions
Online grocer BigBasket has completed acquisition of three startups to foray into milk delivery and smart vending machines, several months a...
Delivery startup DailyNinja acquires WakeupBasket
Operating in the same space as DailyNinja, WakeupBasket provides early morning delivery of household essentials with milk and groceries being the major products sold.
Farmers agitation: Fresh grocery items, eating out may get costlier
E-com firms said they have been following a discounting and promotions strategy on vegetables and fruits, but that could change if the farmers' stir intensifies.
Crude shock: Rising prices may take a toll on grocery bills
There could be 4-7% increase in prices of consumer products, companies said, worried that the inflationary trend could adversely affect demand.
Why fashion, grocery will drive e-commerce in 2018
SoftBank Vision Fund’s August investment in Flipkart — the biggest private investment in an Indian tech company — further anchored those sentiments.
Flipkart to expand e-grocery store to 5-6 Indian cities by year-end
The company plans to expand the service, which currently covers all major pin codes in Bengaluru, in 5-6 major cities by the end of 2018, Flipkart said in a statement.
Walmart, Flipkart invest in Ninjacart
The deal will allow the new strategic investors to work with Ninjacart in utilising the supply chain infrastructure the latter has created, particularly around perishable goods, ensuring that it is cost effective after taking into account forecasting, pricing and demand.
DailyNinja gets funding from Matrix, Sequoia & Saama Cap
Company aims to clock 1,00,000 daily transactions in the next six months.
Amazon's automated grocery store of the future opens Monday
The Seattle store, known as Amazon Go, relies on cameras and sensors to track what shoppers remove from the shelves, and what they put back.
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