Blinkit
 | |
| Type of business | Private |
|---|---|
| Founded | December 2013 |
| Headquarters | Gurugram, India |
| Area served | India |
| Founder(s) | Saurabh Kumar Albinder Dhindsa |
| Services | Online shopping |
| Parent | Grofers International Pte Ltd |
| URL | grofers |
| Registration | Required |
| Current status | Online |
Grofers is an Indian online grocery delivery service.[2] It was founded in December 2013 and is based out of Gurugram.[3][4] As of 2018, the company has raised about $442.5 million from investors including SoftBank, Tiger Global and Sequoia Capital.[5][6].[7]
The name Grofers is a portmanteau of "grocery gophers".[8] 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.[9]
Grofers currently operates in a major cities across India: Delhi, Gurugram, Mumbai, Bengaluru, Calcutta, Noida, Pune, Ahmedabad, Surat, Chennai, Chandigarh, Agra, Hyderabad, Jaipur, Lucknow, Faridabad, Kanpur, Rohtak, Bhiwadi & Meerut
Funding rounds
Source: [10]
| Announced Date | Transaction Name | Number of Investors | Fund Raised |
| 8-Dec-14 | Seed Funding | 1 | $500K |
| 26-Feb-15 | Series A | 2 | $10M |
| 14-Apr-15 | Series B | 2 | $35M |
| 26-Nov-15 | Series C | 5 | $120M |
| 25-Oct-17 | Series D | 1 | $14M |
| 16-Mar-18 | Series E | 3 | $61.5M |
Investors
Source: [11]
- Sequoia Capital
- Tiger Management
- SoftBank Group
- Yuri Milner
- Cyriac Roeding
- Metro AG
- Grofers International
See also
References
- ^ a b "grofers.com Site Overview". Alexa Internet. Retrieved 26 January 2019.
- ^ 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.
- ^ Sen, Sunmy (23 May 2016). "It's Grofers vs BigBasket in the grocery delivery app war". Hindustan Times. Retrieved 29 September 2016.
- ^ "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.
- ^ Shu, Catherine (5 January 2016). "Indian Hyperlocal Delivery Startup Grofers Pulls Out Of 9 Cities". TechCrunch. Retrieved 29 September 2016.
- ^ Ganguly, Paloma (26 November 2015). "Delivering groceries, Grofers bags big bucks from SoftBank". Tech in Asia. Retrieved 29 September 2016.
- ^ Saligrama, Anirudh (15 August 2016). "How Grofers Is Battling Legal Notice That Was Served By Students". TechStory. Retrieved 29 September 2016.
- ^ "Local heroes". The Economist. 14 January 2016. Retrieved 29 September 2016.
- ^ "Gone in 90 minutes". mid-day. Retrieved 26 July 2017.
- ^ "Grofers | Crunchbase". Crunchbase. Retrieved 31 March 2018.
- ^ "Grofers | Crunchbase". Crunchbase. Retrieved 31 March 2018.