Leading Online Grocery Companies in India | By IMARC Group

Indian Online Grocery Industry Outlook:

Online grocery stores represent several e-commerce-based web and mobile applications that are generally utilized for purchasing food and other necessary household products over the internet. Customers can place orders online and schedule home deliveries directly from third-party e-retailing organizations or local stores. They offer numerous benefits, such as convenience, ease of shopping, anytime access to a wide array of products, etc. Online grocery stores provide express delivery options and accessible payment gateways, cashback, discounted offers, etc. They enable users to compare prices on various websites and track total spending as well as past order history to reorder items.

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Indian Online Grocery Industry Growth Analysis:

The growing levels of urbanization, busy lifestyles, and the inflating expenditure capacities of individuals are primarily driving the India online grocery market. Additionally, improved internet accessibility, the expanding e-commerce industry, and the rising digital literacy are further bolstering the market growth. Besides this, owing to the sudden outbreak of the COVID-19 pandemic, vendors are providing contactless deliveries of essential products and adopting digital payment methods, which is acting as another significant growth-inducing factor.

Moreover, the introduction of express or slotted delivery and subscription or on-demand delivery models and extensive brand endorsements and promotional activities by leading manufacturers on social media platforms are also propelling the market growth across the country. Apart from this, the development of voice ordering features and Big Data, predictive analytics, artificial intelligence (AI), and the Internet of Things (IoT) technologies that help brands in predicting customer behavior for targeted advertising is expected to fuel the India online grocery market over the forecasted period.

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Top Online Grocery Brands in India:

1. Aaram Shop Private Limited
Establishment: 2011
Headquarters: Gurugram, Haryana

2. Amazon Retail India Private Limited
Establishment: 2017
Headquarters: Delhi

3. Natures Basket Limited
Establishment: 2005
Headquarters: Mumbai

4. Grofers India Private Limited
Establishment: 2013
Headquarters: Gurugram, Haryana

5. Innovative Retail Concepts Private Limited (Big Basket)
Establishment: 2010
Headquarters: Bangalore

6. Paytm E-Commerce Private Limited
Establishment: 2016
Headquarters: New Delhi

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