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Grofers the online grocery startup ends up with a $200M investment from Soft Bank’s Vision Fund

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Grofers the online grocery startup ends up with a $200M investment from Soft Bank’s Vision Fund

BigBasket has just received an investment of $150 million in the past week and Grofers, another online grocery startup followed its footstep.

Grofers landed up with an investment of $200 million so that it can compete with Amazon and Walmart in this industry. This round of investment in one of the largest in the entire online grocery sectors to date. This round of investment was led by Soft Bank’s own Vision Fund. Vision Fund is known for investing their money on the different growing internet economy. Some of the existing investors such as Sequoia Capital and Tiger Global were also a part of this investment round.

Grofers which is a 5-year-old startup is now working with almost 5000 stores all across India. It is now present in 13 cities spread across India. The co-founder and Chief executing officer of Grofers Albinder Dhindsa said in an interview with TechCrunch that the investment that they will get will be used by the company to expand into new markets so that they can reach millions of Indian consumers. The exact cities that the online chain will be launched were not mentioned by the Chief Executing Officer. He also added that they do not want to enter any new market just to increase their coverage, but the main focus for them will be earning profits. They have already become profitable in Delhi and soon they will start becoming profitable in Kolkata.

The main rival of this startup is BigBasket which also got their investment of $150 million last week. Grofers is also rivals with companies like Uber eats and Swiggy. The main issue that these small companies are facing is that they have to compete with all the giants which are trying to grow in this industry. Some of the giants which are trying to grow in this industry are Flipkart, Walmart, and Amazon.

Amazon Pantry is now available in more than 100 cities, but the customer base of Grofers is the reason which has helped them grow over the years. The chief executing officer also confirmed that the competitors of Grofers like Amazon are not yet very serious in their grocery delivery business and are more focused on their e-commerce business.

The food and grocery industry in India is growing at a very rapid manner. It is expected that by the year 2023 it can reach about $869 billion in sales numbers which is huge. Other businesses who have raised such big numbers in investment are OYO, Paytm and PolicyBazar. OYO had raised a total of $100 million to grow its budget hotel business in India.

Source

Henry is a writer from Berlin. His work has appeared at various popular media sites such as BBC, The Outline, DAME, etc. At GadgetFreeks, He reports news about the latest startups launching in the market. Also, He likes to share the latest tech news from the market.

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Apple Watch Owners Will Be Able to Delete Built-in Apps from Their watchOS 6

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Apple Watch Owners Will Be Able to Delete Built-in Apps from Their watchOS 6

Pre-installed apps are part of smartphone life. There is no doubt that some of these apps to add value to your life but not all of them may be useful to you. Apple does provide its customers with certain utility apps but not all of them may find it valuable. This is true even in the case of Apple watches. But that is going to be changed soon with the launch of Apple’s watchOS 6. It will allow users to uninstall even built-in apps.

It’s been almost three years that Apple has allowed its users to remove some of the built-in apps from their iPhones. While some may have interest in accessing the stock apps, others may appreciate having a calculator. Apple is soon going to provide the same experience even with their watches.

As pointed out by TechCrunch, the clue comes from the appearance of certain watchOS-only apps on the Apple app store. This indicates that users will be able to install them whenever they want. This also suggests that they will be able to remove it according to their wish. All you need to do is press and hold the apps and then hit the X to delete it.

However, not all the in-built apps can be removed. Apps such as radio, timer, and walkie talkie will remain. You can even delete the ECG app which is considered to be an important app. other important apps such as heart rate and messages will also stay. These apps are there to provide you with a lovely Apple watch experience.

This may be a small improvement made by Apple but users are definitely liking it as they can get more control over what they want. Also, they will be able to free up space on their devices.

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Microsoft Have Made Its To-Do App Available For Mac

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Microsoft Have Made Its To-Do App Available For Mac

Finally, Microsoft has introduced the To-Do app for Mac users. This will allow the users to get access to the task management tool on their Mac devices. The app has been designed so that users can work even offline. Other than that, they can also view their upcoming to-do tasks, see flagged emails and share-to-do lists with colleagues and friends. As of now, the app has not been completely integrated with Microsoft Planner. However, the needful will be done soon. If you are using Microsoft To-Do app on android, ios, Windows or on the web, you can sign into your account and gain access to all your tasks right away.

If you are a former user of Wunderlist, this is no doubt good news for you. Wunderlist was bought off by Microsoft only to be discontinued and replace it with their own productivity tool. The earlier version of To-Do app lacked in certain aspects but the latest versions are loaded with extra features. It can also be synced with Outlook. If you are intrigued to use the app, you can simply download it on your device from the Mac App Store.

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Google Soon Going To Introduce Next-Gen Texting On Android Platform

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Google Soon Going To Introduce Next-Gen Texting On Android Platform

The delay of Google’s RCS chat on the Android platform can be blamed on the carriers. The basis of next-gen texting depends on networks supporting one at a time. Android users in the UK and France will be offered RCS services by Google later in June. The company will provide them with the option to opt-in through the messaging app of the platform.

Instead of making use of a central server, Android messages will ping each participant in a chat in order to check if they support RCS. In case, you support it, you will get read receipts, high-quality media and many other benefits offered by the technology. Although Google does send messages from its servers this more of a decentralized approach and therefore, it doesn’t need any carrier support.

However, RCS does come with a few drawbacks. It is not an end-to-end encrypted system and thus, it is vulnerable to intruders reading your messages. It is also dependent on your number and therefore, you won’t be able to use it on non-phone devices. Also, it will require temporary attached files such as IMSI and phone number. However, the company has stated that they are soon going to find a solution. Also, messages will not disappear when you switch to some other phone that doesn’t have RCS.

The company has not decided on a date to introduce the app to other countries yet. Not just that but even Apple have not shown any interest in supporting the RCS system. Therefore, we don’t know how long it’s going to take before RCS is introduced to us. With the introduction of this new system, Android messages will become more fun and livelier in the future. Till then, we can only wait and deal with the existing Android messaging system.

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