grofers news

Grofers is an online grocery firm which expects to rise above the Rs. 2500 crore mark this fiscal. The reason behind the expected revenue increase is the addition of new customers along with increasing cart sizes of existing users. The company is said to be focussing on enhancing its coverage of the cities it operates in rather than adding more names to the list.

In March this year, Grofers had aimed at raising Rs 400 crore in funding which led by SoftBank, Tiger Global, and Apoletto Asia. Till now the company has raised funds of $226.5 million and its average daily order volumes were over 35,000 per day in June this year.

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