Grocery Delivery

SoftBank Vision Fund (SVF) might invest anywhere between USD 100-200 million in the merged entity.

There is a sudden spurt in demand for grocery and medicine during the 21-day lockdown in India.

The demand for grocery products has sky-rocketed during the lockdown in India.

Over the last few weeks, Swiggy, Zomato, and Amazon have raised money to strengthen their e-grocery business in the country.

Multiple e-commerce companies met government officials to discuss smooth delivery of essential items.

GrabMart and GrabAssistant services will be extended to more cities across the region to provide alternative sources of income for drivers.

Forrester projects the e-retailers to grow by 5% this year in the best-case scenario, as compared to about 26% growth they enjoyed last year.

The delivery fleet of food tech companies is largely sitting idle as restaurants remain closed during the 21-day national lockdown.