Business, Ecommerce, Investments

On-Demand Logistics Startup Grofers Raises Funding from Sequoia Capital


Gurgaon-based startup, Grofers that is focused on building a system for on-demand logistics has secured an undisclosed amount of funding from Sequoia Capital. The company will use the raised funds for scale up its technology platform and provide consumers with one place from where they can discover local stores that deliver to them and also order from them.

As per a YourStory report, the startup has grown to 200+ people in one year and has expanded to Mumbai and Bangalore. Grofers co-founder Saurabh Kumar said that, “We focus on B2B partnerships so we can help merchants streamline their delivery systems. We have over 150 live merchants with us right now which range from small cake shops to massive grocery chains.” The startup processes close to 33,000 orders every month and generate 20 new leads per outlet every month.

Grofers has also launched an on-demand app which tells the users the cost of shipping items within their city.

It is also launching Grofers application later this week which will show the inventory of local stores that it deliver from. This will include categories such as Grocery, Bakery, Flowers and Meat Shops – from where users will be able to order via the phone and Grofers will deliver within 90 minutes. The service will be open Pan- Delhi NCR with Mumbai coming online in January.

Currently, the company has around 140 delivery guys and around 50 team members across sales, operations, technology, call centre and support.

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