https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Thu, 04 May 2023 08:33:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2023/05/04/end-of-road-swiggy-shuts-down-online-grocery-service-handpicked/ Thu, 04 May 2023 08:33:14 +0000 https://thenfapost.com/?p=262269 Bengaluru, NFAPost: Swiggy has closed down Handpicked, its premium grocery delivery service, just six months after rolling out a pilot for users in Bengaluru. Handpicked was introduced in December last year to provide gourmet local food products such as ready-to-cook meats, spreads, and region-specific food. It also offered international products like Coca-Cola’s Cherry Cola. The […]]]> https://thenfapost.com/2023/04/06/reliance-retail-ropes-in-former-amul-chief-r-s-sodhi-to-drive-grocery-biz/ Thu, 06 Apr 2023 01:30:07 +0000 https://thenfapost.com/?p=254926 In January, R S Sodhi stepped down from the role of MD of GCMMF New Delhi, NFAPost: Reliance Retail, the retail arm of Reliance Industries (RIL), has hired R S Sodhi, former MD of Gujarat Cooperative Milk Marketing Federation (GCMMF), a report by the Times of India (TOI) said. R S Sodhi is expected to […]]]> https://thenfapost.com/2022/09/16/night-grocery-delivery-next-on-agenda-for-quick-ecommerce-platforms/ Thu, 15 Sep 2022 23:40:22 +0000 https://thenfapost.com/?p=199461 In August, Swiggy said it had witnessed a 16-fold growth in orders in the 12 months to June, with Bengaluru, Mumbai, Hyderabad ordering more items than the whole population of Canada Bengaluru, NFAPost: Swiggy Instamart is set to start delivering groceries till 3 am. In a message to its clients, the grocery delivery arm of […]]]> https://thenfapost.com/2021/12/22/online-grocery-startup-zepto-raises-100-million/ Wed, 22 Dec 2021 08:46:14 +0000 https://www.thenfapost.com/?p=140623 https://thenfapost.com/2021/12/03/swiggy-to-invest-700-million-in-express-grocery-delivery-service-instamart/ Fri, 03 Dec 2021 04:12:56 +0000 https://www.thenfapost.com/?p=136062 Swiggy Instamart is currently doing more than 1 million orders per week and will start 15-minute deliveries in top cities by January 2022 Bengaluru, NFAPost: Food delivery company Swiggy said that it will invest $700 million in its express grocery delivery service Instamart. Launched in Gurugram and Bengaluru in 2020, Swiggy Instamart is now serving […]]]> https://thenfapost.com/2021/08/16/zomato-invests-100-million-in-grofers-indian-entities/ Mon, 16 Aug 2021 04:48:55 +0000 https://www.thenfapost.com/?p=107651 Zomato has invested Rs 741.2 crore or $100 million in Grofers. The decision from Zomato comes a day after getting a green signal from the Competition Commission of India for its investment plan. As per the investment, Grofers’ consumer-facing entity (Grofers India Private Limited) allotted 3,248 preference shares and 1 equity share at an issue […]]]> https://thenfapost.com/2021/06/30/flipkart-opens-first-grocery-fulfilment-centre-in-coimbatore/ Wed, 30 Jun 2021 10:30:30 +0000 https://www.thenfapost.com/?p=94531 Spread across 1.2 lakh square feet, the all women-run fulfillment center will employ over 1,200 people in its full capacity Will help support the growing customer demand for groceries in the city while supporting the seller ecosystem with additional capacity in the South Region Chennai, NFAPost: Flipkart, India’s homegrown e-commerce marketplace, announced the launch of […]]]> https://thenfapost.com/2021/05/28/tata-digital-acquires-majority-stake-in-bigbasket/ Fri, 28 May 2021 08:17:57 +0000 https://www.thenfapost.com/?p=85107 Tata Digital buys majority stake in BigBasket-owned Supermarket Grocery Supplies Private Limited Mumbai, NFAPost: Tata Digital Limited, a 100% subsidiary of Tata Sons Private Limited, has acquired a majority stake in Supermarket Grocery Supplies Private Limited, which owns BigBasket, India’s largest ecommerce player in the Food & Grocery segment. Egrocery has been one of the […]]]> https://thenfapost.com/2021/05/11/flipkart-to-strengthen-grocery-infrastructure-to-meet-growing-demand/ Tue, 11 May 2021 06:41:56 +0000 https://www.thenfapost.com/?p=79540 Grocery fulfilment centre capacity ramped up over last month across Lucknow, Pune, Ahmedabad, Delhi, Bangalore, Chennai, Mumbai, Hyderabad, Kolkata and Patna. Plans to further expand fulfilment centre capacity for grocery by over 8 lakh square feet this quarter across Delhi, Kolkata, Chennai, Coimbatore and Hyderabad Additional fulfilment centre capacity will help Flipkart cater to over […]]]> https://thenfapost.com/2020/11/09/flipkart-grocery-expands-in-uttar-pradesh-by-opening-grocery-fulfilment-centre-in-lucknow/ Mon, 09 Nov 2020 10:51:49 +0000 https://www.thenfapost.com/?p=23215 The first Grocery Fulfilment Centre to help consumers’ needs in Lucknow, Kanpur & Allahabad Lucknow, NFAPost: Flipkart opened its first grocery fulfilment centre in Lucknow on Monday and the inauguration was done by the Industries Minister Shri Satish Mahana virtually. India’s homegrown ecommerce marketplace Flipkart’s decision to open the new fulfilment centre comes at a time […]]]>