Former Disney India head Ronnie Screwvala is building himself a nice portfolio of e-commerce companies. On Monday, his investment company Unilazer Ventures picked up 25% stake in EkStop Shop, an online grocery retailer.
Besides the startups that we profiled in detail last week, here are some that caught our eye. Go discount hunting with Loot Bargain, find gifts on Dezains, buy grocery online with Groceryatclick and book tables or order food with FoodAsura.
Unlike most of other startups in grocery etailing space, rationhut is a pure play online play as it doesn’t enable consumers to order through phone or call centers.
While the space saw debuts of early startups like Aaramshop, Zopnow, BigBasket and Kiranawala, latest to launch the city focused online grocery stores are Pune based PuneExpress and MomGrocery in Hyderabad.
The app is currently in Beta state and offers simple mechanism for placing orders, by using this app, consumers can look at products purchased earlier or browse through products and create a list to to make a purchase.
Punexpress is delivering in areas like Kalyani Nagar, Chandan Nagar, Viman Nagar, Koregaon Park, Wagholi, Magarpatta, Shashtri Nagar and Wadgaon Sheri. To ensure delivery, the firm has fleet of 24 two wheelers and 3 three-wheelers; and has dedicated central warehouse in Wadgaon Sheri.
Online grocery store, Shopveg shuts shop due to lack of funds [Expectation mismatch with the accelerator?]
To give you a quick recap of their journey so far, the startup was part of VentureNursery accelerator program and as per the founders of ShopVeg, the accelerator had committed to provide seed money but weeks after the pitch, the investor associated with the accelerator backed out.
From the local ration shops to the new age convenience hypermarts, the long journey hasn’t been easy. So realize the next generation traditional kirana shop owners who are a part of that transition; bad or good, the story is yet to unfold.
If you are wondering what’s in the name? Well, 30rupees donates Rs. 30 to an NGO for every monthly order valued more than INR 3,000 that is processed and claims to be the first online grocery store to receive ISO 9001:2008 certification
While women e-grocery shopping averages to Rs 552/- per order, men shop for an average of Rs 580/- per order.