Grofers crosses Rs 300 cr sales in a single month
Grofers, the low price online supermarket, announced the record revenue of Rs 310 crore in January 2019.
By : migrator
Update: 2019-01-31 19:42 GMT
New Delhi
With this, Grofers became the first online grocer to cross Rs 300 cr in monthly sales and 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 Rs 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 Rs 207.5 cr were sold. With an average ticket size of Rs 2,640 and 20 items per cart, Grofers recorded highest customer engagement in Delhi NCR followed by Mumbai and Bangalore. Albinder Dhindsa, Co-Founder and CEO, Grofers, said “We are excited to emerge as India’s favourite 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.”
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