Retail Packaging in India

The Perishable Business

Online grocery is hot. Hundreds of players jumped in. Several hundred million dollars were invested in 2015 alone.

The Big Fish

Start-up Based in Launch Year Total Funding
Grofers Gurgaon 2013 $167 Million
Big Basket Bangalore 2011 $155 Million
Pepper Tap Gurgaon 2013 $51.2 Million
ZopNow Bangalore 2011 $10 Million + undisclosed rounds
Local Banya Mumbai 2012 $5 Million+ undisclosed rounds

Latest Developments

  • Mumbai Based – Local Banya raises undisclosed amounts funding from Karmvir Avant Group, a real estate player.
  • 24X7 Fresh, a-yet-to-be-launched online grocery venture, reportedly gets funding interest from SAIF partners.
  • Godrej Nature's Basket acquires e-grocer valuing it at INR 30 – 40 crore.
  • Hyper local fruits and vegetables e-tailor Fresh World raises funds from Infosys co-founder Kris Gopal Krishnan and IAN.
  • Godrej Nature's Basket ties up with snap deal to retail 700 of its international gourmet products. Order to delivered the next day.
  • SRS Group ventures into e-commerce with the launch of its grocery website It caters to Gurgaon, Noida and Faridabad.
  • Hyper local Grocery startup Grofers raises USD $10 million from Sequoia Capital and Tiger Global Management at a valuation of USD $33million.
  • PepperTap raises about $1.2million from Sequoia Capital.
  • Mumbai based start-up incubation platform AntFarm announces merger with meals on wheels with its yet to be launched grocery and essential products ordering platform Scootsy.
  • ZopNow raises $10 million from Dragoneer Investment Group and existing investors – Accel Partners. Times Internet & Qualcomm Ventures.
  • Hyper Local Grocery e-tailer Grofers acquires mobile grocery start-up My Green Box.
  • Amazon starts piloting express delivery service KiranaNOW with local stores in Bangalore.
  • PayTM launches mobile app PayTM Zip to start hyper local grocery delivery in Bangalore.
  • Big Basket announces tie-ups with 1,800 grocery stores to sell its private label products. This includes grocery products from brands like Royal, Popular and Fresho. Revolves to soon launch a private label coffee brand and venture into flavored tea and cookies.
  • Hyper local grocery start-up PepperTap raises $10 million from SAIF Partners and sequoia Capital. Plans to expand beyond Gurgaon, Noida and Delhi across Bangalore, Hyderabad, Pune and Mumbai.
  • Grofers raises $35 million from Tiger Global Management and Sequoia Capital india at a valuation of $115 million. Plans to launch in Hyderabad and Pune.
  • Big Basket acquires on demand hyper local delivery start-up Delyver for foray into 60-90 minutes delivery.
  • On demand grocery start-up JiffStore raises funds from Unitus Seed Fund and TLabs.
  • Cab and Auto booking start-up AUTOonCAB acquire Gurgaon based online grocery delivery startup BigZop.
  • Big Basket raises $50 million from existing investors led by Bessemer Venture Partners at a $400-million valuation.
  • Local Banya suspends operations, raising concerns about its survival.
  • Grofers acquires TownRush and SpoonJoy.
  • Flipkart launches hyper local grocery delivery mobile app near Bangalore.
  • Soft Bank along with other investors, pumps in USD 120 million in grofers raising its valuation to over USD 300 Million.
  • Calcutta based online supermarket Indian Grahak acquires online hyper local market place Dyscover.
  • Mera spencers retail buys mera grocer.