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The name Grofers is a [[portmanteau]] of "grocery gophers".<ref>{{cite news|title=Local heroes|url=https://www.economist.com/news/business/21688388-online-grocers-are-offering-small-shops-lifeline-age-smartphones-local-heroes|accessdate=29 September 2016|publisher=[[The Economist]]|date=January 14, 2016}}</ref> Customers of the company use a mobile application to order groceries online. Grofers employees then secure the items from their warehouse and deliver the items to the consumer. The delivery may be scheduled for any time of the day.<ref>{{Cite news|url=http://www.mid-day.com/articles/gone-in-90-minutes/15325187|title=Gone in 90 minutes|work=mid-day|access-date=2017-07-26|language=en}}</ref>
The name Grofers is a [[portmanteau]] of "grocery gophers".<ref>{{cite news|title=Local heroes|url=https://www.economist.com/news/business/21688388-online-grocers-are-offering-small-shops-lifeline-age-smartphones-local-heroes|accessdate=29 September 2016|publisher=[[The Economist]]|date=January 14, 2016}}</ref> Customers of the company use a mobile application to order groceries online. Grofers employees then secure the items from their warehouse and deliver the items to the consumer. The delivery may be scheduled for any time of the day.<ref>{{Cite news|url=http://www.mid-day.com/articles/gone-in-90-minutes/15325187|title=Gone in 90 minutes|work=mid-day|access-date=2017-07-26|language=en}}</ref>


Grofers currently operates in 25 cities namely [[Delhi]], [[Mumbai]], [[Bangalore]], [[Pune]], [[Jaipur]], [[Chennai]], [[Hyderabad]], [[Kolkata]], [[Lucknow]], [[Aligarh]],
Grofers currently operates in 28 cities namely [[Delhi]], [[Mumbai]], [[Bangalore]], [[Pune]], [[Jaipur]], [[Chennai]], [[Hyderabad]], [[Kolkata]], [[Lucknow]], [[Aligarh]],
[[Agra]], [[Ahmedabad]], [[Gurugram]], [[Noida]], [[Ghaziabad, Uttar Pradesh|Ghaziabad]], [[Kanpur]], [[Faridabad]], [[Meerut]], [[Rohtak]], [[Bhiwadi]],
[[Agra]], [[Ahmedabad]], [[Gurugram]], [[Noida]], [[Ghaziabad, Uttar Pradesh|Ghaziabad]], [[Kanpur]], [[Faridabad]], [[Meerut]], [[Rohtak]], [[Bhiwadi]],
[[Moradabad]], [[Sonipat]], [[Guwahati]], [[Panipat]], [[Durgapur]], [[Vadodara]], [[Allahabad]], [[Modinagar]]
[[Moradabad]], [[Sonipat]], [[Guwahati]], [[Panipat]], [[Durgapur]], [[Vadodara]], [[Allahabad]], [[Modinagar]]

Revision as of 05:07, 3 January 2020

Grofers India Pvt Ltd
Type of businessPrivate
FoundedDecember 2013; 10 years ago (December 2013)
HeadquartersGurugram, India
Area servedIndia
Founder(s)Saurabh Kumar
Albinder Dhindsa
Key peopleAlbinder Dhindsa (CEO)
Saurabh Kumar (COO)
Jacob Singh (CTO)
ServicesOnline shopping
Revenue$34 M (2019)
Employees3,014 (2019) [1]
ParentGrofers International Pte Ltd
URLgrofers.com
RegistrationRequired
Current statusOnline

Grofers is an Indian online grocery delivery service.[3] It was founded by IITians[4] in December 2013 and is based out of Gurugram.[5][6] As of 2018, the company has raised about $535.5 million from investors including SoftBank, Tiger Global and Sequoia Capital.[7][8][9]

The name Grofers is a portmanteau of "grocery gophers".[10] Customers of the company use a mobile application to order groceries online. Grofers employees then secure the items from their warehouse and deliver the items to the consumer. The delivery may be scheduled for any time of the day.[11]

Grofers currently operates in 28 cities namely Delhi, Mumbai, Bangalore, Pune, Jaipur, Chennai, Hyderabad, Kolkata, Lucknow, Aligarh, Agra, Ahmedabad, Gurugram, Noida, Ghaziabad, Kanpur, Faridabad, Meerut, Rohtak, Bhiwadi, Moradabad, Sonipat, Guwahati, Panipat, Durgapur, Vadodara, Allahabad, Modinagar

Funding rounds

Source:[12]

Announced Date Transaction Name Number of Investors Fund Raised
8-Dec-14 Series A 1 $500K
26-Feb-15 Series B 2 $10M
14-Apr-15 Series C 2 $35M
26-Nov-15 Series D 5 $120M
16-Mar-18 Series E 3 $61.5M
20-Dec-18 Series F 7 $250M

Investors

Source:[13]

See also

References

  1. ^ "Grofers profile", Craft, retrieved 13 August 2019
  2. ^ a b "grofers.com Site Overview". Alexa Internet. Retrieved 27 September 2019.
  3. ^ Shrivastava, Aditi; Chanchani, Madhav (13 July 2016). "After a year of rapid growth, Grofers aiming to achieve operational break-even by year end". The Economic Times. Retrieved 29 September 2016.
  4. ^ "How An IITian Turned Into Accidental Entrepreneur And Build Grofers". Dropout Dudes. 12 July 2019. Retrieved 19 July 2019.
  5. ^ Sen, Sunmy (23 May 2016). "It's Grofers vs BigBasket in the grocery delivery app war". Hindustan Times. Retrieved 29 September 2016.
  6. ^ "Grofers has had a good run so far, aims at operational break-even by year end". Business Insider. 13 July 2016. Retrieved 29 September 2016.
  7. ^ Shu, Catherine (5 January 2016). "Indian Hyperlocal Delivery Startup Grofers Pulls Out Of 9 Cities". TechCrunch. Retrieved 29 September 2016.
  8. ^ Ganguly, Paloma (26 November 2015). "Delivering groceries, Grofers bags big bucks from SoftBank". Tech in Asia. Retrieved 29 September 2016.
  9. ^ Saligrama, Anirudh (15 August 2016). "How Grofers Is Battling Legal Notice That Was Served By Students". TechStory. Retrieved 29 September 2016.
  10. ^ "Local heroes". The Economist. 14 January 2016. Retrieved 29 September 2016.
  11. ^ "Gone in 90 minutes". mid-day. Retrieved 26 July 2017.
  12. ^ "Grofers | Crunchbase". Crunchbase. Retrieved 31 March 2018.
  13. ^ "Grofers | Crunchbase". Crunchbase. Retrieved 31 March 2018.
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