Grofers crosses INR 300 cr sales in single month

0
2331
Grofers Founders (L to R - Albinder Dhindsa and Saurabh Kumar)
Grofers Founders (L to R - Albinder Dhindsa and Saurabh Kumar)
0 0
Azadi Ka Amrit Mahoutsav

InterServer Web Hosting and VPS
Read Time:1 Minute, 33 Second

Grofers crosses INR 300 cr sales in single month

Records INR 207.53 crore GMV and 14 lakh people/ per day app visits during Grofers’ Grand Orange Bag Days sale –

Kolkata, January 29, 2019: Grofers, the low price online supermarket, announced the record revenue of INR 310 crore in January 2019. With this, Grofers became the first online grocer to cross INR 300 cr in monthly sales and also became the largest e-grocery company in the fast growing space. Aligned with its aim to drive the next wave of growth for e-commerce sector, the company has brought 2.5 lac new customers to its platform in January. The brand is eyeing a revenue target of INR 2500 crore for FY 2019.

On the back of the industry’s biggest grocery sale- Grand Orange Bag Days, Grofers recorded an average of 14 lakh visits per day on the app. During this period, a total of 1.81 crore items worth INR 207.5 cr were sold. With an average ticket size of INR 2,640 and 20 items per cart, Grofers recorded highest customer engagement in Delhi NCR followed by Mumbai and Bangalore.

Speaking on the success Albinder Dhindsa, Co-Founder and CEO, Grofers, said “We are excited to emerge as India’s favorite e-Grocer. We have received a tremendous response in the  Grofers Orange Bag Days sale and we will sustain the momentum going forward. We are geared to bringing better priced grocery products to 100 million customers and this is just the start.”

Customers received jaw dropping offers during Grofers Grand Orange Bag Days sale. Grocery & Staples were the highest selling items followed by household items (detergents and dishwash bars) and personal care products. During this time period, Grofers recorded a 80% increase sales of Grofers branded products as well.

About Post Author

Antara Tripathy

Chief Editor & CEO of IBG NEWS (09/Aug/2018-Present), Secretary of All Indian Reporter's Association,West Bengal State Committee. Earlier Vice President of IBG NEWS (01/Jan/ 2013-08/Aug/2018). She took over the charge from the Founder Editor of the Channel.
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Advertisements

USD





LEAVE A REPLY

Please enter your comment!
Please enter your name here