Grofers plans on doubling sales to Rs 5,000 cr by FY20; eyes IPO in 3 yrs

Grofers plans on doubling sales to Rs 5,000 cr by FY20; eyes IPO in 3 yrs
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  • Grofers plans on doubling sales to Rs 5,000 cr by FY20; eyes IPO in 3 yrs
  • The online player that was last valued at $600 million has moved out of hyper-local delivery model 3 years ago
  • Online supermarket major Grofers India is pursuing profitability by consolidation and focussing on doubling its sales to Rs 5,000 crore by FY'20.


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