Grofers looking at 4-fold rise in gross merchandise Rs by 2022
Sun, Nov 15, 2020 9:56 PM

Grofers looking at 4-fold rise in gross merchandise Rs by 2022

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Softbank-backed Grofers is expecting its gross merchandise value (GMV) to grow four times to around Rs 30,000 crore by 2022 and focussing on private label products to drive overall sales growth, a top company official has said. The company is adding one-two new cities every month to sell groceries and expecting to to expand its services to over 50 cities by June 2021 from 27 at present.

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