Grofers targets profitability by FY21, IPO in 3 years

Online supermarket major Grofers India is pursuing profitability by consolidation and focussing on doubling its sales to Rs 5,000 crore by FY'20.

Update: 2019-05-04 18:30 GMT
  • Online supermarket major Grofers India is pursuing profitability by consolidation and focussing on doubling its sales to Rs 5,000 crore by FY'20.
  • Speaking about east, Dhindsa said Kolkata is one of the fastest growing market for the company with a growth rate of 18 per cent.
  • Currently, Grofers only operates out of Kolkata in the eastern region.

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