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Top Companies in the Indian Online Grocery Market

The Indian online grocery market size reached US$ 3.02 Billion in 2020 as per the estimates by IMARC Group. Looking forward, the market is projected to witness strong growth during the forecast period (2021-2026). The leading companies are introducing express deliveries on their portals to enhance users’ convenience while buying groceries online. They are also offering subscription-based or on-demand delivery models to expand their consumer base. Moreover, with the sudden outbreak of the coronavirus disease (COVID-19) and the increasing adoption of social distancing measures, most players are offering contactless deliveries of essential products and digital payment methods for minimizing the spread of the pandemic.

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Aaram Shop Private Limited

Establishment: 2011
Headquarters: Gurugram, Haryana
Aaram Shop Private Limited is an e-commerce company that provides the convenience of purchasing groceries online from their neighborhood retailers. A user can only opt for the nearest retailer in the area to confirm the order and make payment by cash when the goods are delivered using the portal. The product category includes edible oil and ghee; rice and lentils; water and beverages; coffee, tea, and cocoa; and ready-to-cook items.

Amazon Retail India Private Limited

Establishment: 2017
Headquarters: Delhi
Amazon Retail India Private Limited is the retail arm of the e-commerce giant Amazon.com Inc., an American multinational based in Seattle, Washington. The company focuses on cloud computing, e-commerce, digital streaming and artificial intelligence (AI). It initiated as an online marketplace for books but expanded to sell electronics, software, video games, apparel, furniture, food, toys and jewelry. Amazon Retail India Pvt Ltd. has created a cold chain hub to provide fresh produce by selling it online through its Amazon Fresh and Amazon Pantry divisions.

Natures Basket Limited

Establishment: 2005
Headquarters: Mumbai
Natures Basket Limited has numerous stores in Mumbai, Bengaluru, Pune and Kolkata. The company has been acquired by Spencer's Retail Ltd., an RP-Sanjiv Goenka Group company, in May 2019 from the Godrej Group. It is an Indian grocery delivery chain that primarily focuses on gourmet food. It also offers organic food, exotic foods, imported ingredients and health and wellness-focused products. Besides this, it also operates as an online grocery store and mobile app platform that caters to 125 cities across India.

Grofers India Private Limited

Establishment: 2013
Headquarters: Gurugram, Haryana
Grofers India Private Limited is an Indian online grocery delivery service that presently operates in 29 cities, namely Delhi, Mumbai, Bangalore, Pune, Jaipur, Chennai, Hyderabad, Kolkata, Lucknow, Aligarh, Agra, Ahmedabad, Noida, Ghaziabad, Kanpur, Faridabad, Meerut, Rohtak, Bhiwadi, Moradabad, Mathura, Sonipat, Guwahati, Panipat, Durgapur, Vadodara, Allahabad and Modinagar. The Company provides fresh fruits, vegetables, cakes, meats, seafood, cosmetics, mobiles and accessories, and baby care products across India.

Innovative Retail Concepts Private Limited (Big Basket)

Establishment: 2010
Headquarters: Bangalore
Innovative Retail Concepts Private Limited or Big Basket is a grocery store that offers fresh fruits and vegetables, rice and dals, spices and seasonings, packaged items, beverages, personal care products and meats. The company provides products in Bangalore, Hyderabad, Mumbai, Pune, Chennai, Delhi, Noida, Mysore, Coimbatore, Vijayawada-Guntur, Kolkata, Ahmedabad-Gandhinagar, Lucknow-Kanpur, Gurgaon, Vadodara, Visakhapatnam, Surat, Nagpur, Patna, Indore and Chandigarh.

Paytm E-Commerce Private Limited

Establishment: 2016
Headquarters: New Delhi
Paytm E-Commerce Private Limited mainly operates as mobile payments and e-commerce platform. The company provides online use-cases, such as utility bill payments, mobile recharges, travel, movies, and events bookings and in-store payments at grocery stores, fruits and vegetable shops, restaurants, parking, tolls, pharmacies and educational institutions with the Paytm QR code.

 

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the Indian online grocery market, which has enabled the clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development