The Indian online grocery market could make $3 Bn in sales this year, which would be a 765 hike in revenue from last year.
Grofers has partnered with 600 new local and FMCG brands and doubled the number of sellers on its platform.
The company has seen a 60% increase in Gross Merchandise Value (GMV) and 40% increase in basket size during the lockdown.
India’s Online Grocery Delivery Space Heating Up In Lockdown. To tap into the demand for on-demand delivery of groceries and other household essentials, ecommerce players such as Flipkart and Amazon have also entered the space.
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