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Grofers CEO Dhindsa on competition, Amazon’s interest and road to recovery

31 August, 2017

Until a year and a half ago, online grocery delivery startup Grofers was cruising comfortably on a growth path after raising more than $150 million from marquee investors such as SoftBank and Tiger Global. Then it hit a big bump. It exited several cities in 2016 and switched to an inventory-led business model towards the end of the year to cut losses.

The strategy seems to be working, and it has survived without fresh funding since 2015. In an exclusive conversation with VCCTV, co-founder and CEO Albinder Dhindsa talked about Grofers’ efforts to turn around its fortunes, tackling competition and whether any deal with e-commerce giant Amazon is in the offing.

Watch the video to know more.

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On-demand logistics services startup Grofers raises seed funding from Sequoia

On-demand logistics services startup Grofers raises seed funding from Sequoia

Sainul K Abudheen 3 years ago
Gurgaon-based Locodel Solutions Pvt Ltd, the company behind Grofers, an online...
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Grofers raises $120M from SoftBank, Tiger Global and others

Varun Arora 2 years ago
Locodel Solutions Pvt Ltd, which runs hyperlocal grocery and fresh food delivery...
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Only top five hyperlocal grocery startups to survive: Grofers’s Albinder Dhindsa

VCC Staff 2 years ago
Consolidation in the hyperlocal grocery delivering space will happen in the next...
1 Comment
Karan S . 3 months ago

Great interview but Punita ( assuming that’s the name of the reporter) needs to moderate her voice … it’s too loud !!

Grofers CEO Dhindsa on competition, Amazon’s interest and road to recovery

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