Grocery delivery News
Take a look at the apps offering 10-minute grocery delivery inside.
Zomato had last year invested USD 100 million (Rs 745 crore) for acquiring around 9 per cent stake in Grofers.
Zomato further said it will acquire 16.66 per cent of share capital of Mukunda Foods.
The proposed investment is subject to fulfilment of certain customary conditions precedent.
Ola is starting a pilot of its 'Ola Store' in Bengaluru starting off with a few key localities.
It plans to expand across major cities in India in the coming months.
The service is aiming for a sub-15 minute delivery timeline.
Zomato will stop its grocery delivery service from September 17.
The service was available in a few selected markets and it used to deliver within 45 minutes.
Swiggy, Dunzo follow a different business model where they make dedicated dark stores and then they deliver goods within 15-20 minutes.
So far, PepperTap has had a total fund raise of about USD 51.2 million.
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