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India’s online food and grocery retail market is heating up.
Thanks to an influx of foreign capital, the COVID-induced push to online shopping, and a spate of stake sales and new players, 2020 has been a watershed year for the hyper-competitive sector.
Now, the BigBasket-Grofers-Amazon “tri”poly is being challenged by the likes of Reliance Retail, Flipkart and even Swiggy and Zomato to some extent.
After all, when the pie could be worth $18bn+ by 2024, expect a lot of takers!
Click for an analysis of the online grocery market in India in 2020:
https://transfin.in/a-look-at-the-online-grocery-market-in-india-2020
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