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.
Startups fight big global e-commerce firms to win online grocery battle
A real, unprecedented opportunity is triggering a war in India, and i...
Startup investors writing more $100 million cheques this year
With the rush of capital and new types of investors coming in, venture capitalists said the time taken for startups to grow their business and rack up $100 million in funding has also shrunk over the past few years.
Flipkart leads $60 million round in logistics startup Shadowfax
The companies did not disclose the transaction value, but sources briefed on the matter told ET that the investment valued Shadowfax at about $200-$250 million, and is also likely to see other new investors join in.
Haringhata Meat ties up with online grocery store Delybazar
The latest move of Haringhata will offer a wide variety of exotic tropical meat like lean pork, fresh pork, dressed pekin duck, dressed turkey meat, dressed quail, lamb meat etc.
With fresh funding, Apoorva Mehta is taking the grocery delivery fight to Amazon
The money will help Instacart defend against programs like the one Amazon made public on Thursday: It’s testing free two-hour delivery of Whole Foods groceries to Prime customers in four US cities.
BigBasket receives $200 million in a round led by Alibaba
As per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplies.
Companies came up with nearly 190 promotions a day on grocery products in 2017
The highest number of promotions were given in three large categories — toilet soaps followed by biscuits and laundry bars — which put together more than Rs 60,000 crore in size.
Walmart, Flipkart plan to cross-sell private brands
US retail giant can’t sell directly on Flipkart, but a reseller can list Walmart’s products.
Indian student shot dead at grocery store in US
Originally from Punjab, Jasser was a student of accounting and had gone to the US around three years ago on a student visa.
Buying groceries? Make sure to check GST 'discounts'
Companies have asked traders to pass on tax cuts immediately, without waiting for revised MRP. The products are set to become cheaper after a steep reduction in GST.
Digital commerce to touch Rs 2.37 lakh crore by December 2018: IAMAI
"It is estimated to reach Rs 2,37,124 crore by December 2018," the report added.
GST to fuel growth of grocery products incrementally: Euromonitor
The Euromonitor report says people will be less willing to spend on biscuits and personal care products like shampoos as they now attract higher tax under GST.
Chasing Amazon, grocers stock up on startups
Grocery companies “are realizing that with Walmart and Amazon moving at their pace, you need to pick yours up too,” said Greg Spragg, a former chief merchant at Sam’s Club, the wholesale retailer owned by Walmart,
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