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Grofers will start their services in 10 new cities, GMV may reach 10 thousand crores by March

January 27, 2021
in Business
2 min read
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Grofers will start their services in 10 new cities, GMV may reach 10 thousand crores by March
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new Delhi: Softbank-backed Grofers expects gross sales value (GMV) to reach 10,000 crore in March. The company claims that the Grand Orange Bag Days Sale of Grofers has seen an increase of about 3 to 4 times. Saurabh Kumar, founder of Growers, said, “We are working to double our GMV every year and have a target of Rs 10,000 crore in GMV by fiscal year 2021.” Let us tell you GMV is the total value of goods sold in a period.

Apart from this, the growers hope that by 2022 the GMV of the company will touch the figure of around Rs 30,000 crore. The company is focusing on private label products to increase its sales.

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Apart from this, Saurabh Kumar said, “We are on track to complete negotiations with 50 lakh customers during GOBD. The basket size is Rs 1,500-1,600 during normal days and now the average basket size is Rs 2,500. ” Kumar said that the company has increased its target to expand to 50 cities by March as compared to the earlier target of June 2021.Will add 12 cities by March

Let us tell you that at this time the company is providing its services in 30 cities, but by March the company will add 10-12 cities to this list. Apart from this, he said that we are increasing the headcount every month to meet the demand.

Will increase business
We have added around 3,000 people in November-December. We expect to add about 500-100 people every month in the next 3-6 months. We have started offering our services in the new cities where there is a great response.

Also read: Digital currency may come soon in the country, RBI is considering the idea

Can buy these goods
Online grocery vendors have seen good growth in sales in Delhi, Ahmedabad, Bengaluru, Chennai, Mumbai, Pune, Kanpur, Kolkata, Lucknow, Hyderabad, Faridabad, Gurgaon, Noida, Jaipur and Ghaziabad. Explain that the company deals in grocery, staples, personal care, biscuits, snacks, kitchens, household items, drinks, child care and household needs. You can buy all the items you need through this app.

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Tags: Grand orange bag daysGroceryGrofersGrofers SaleGrofers salesgross merchandise valueGrowersGrowers cellGrowers Grand Orange Bag DaysOnline groceryOnline grocery delivery company
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