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 www.ekstop.com 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 www.SRSgrocery.com. 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 Grocer.com spencers retail buys mera grocer.