Online grocery platform Instacart is expanding its Electronic Benefits Transfer and Supplemental Nutrition Assistance Program (EBT SNAP) payments integration. The company launched EBT SNAP payments in November 2020 and has since expanded the program to include over 40 retailers. Instacart’s newest partners that accept EBT SNAP payments include Fairplay Foods, PAQ Inc (Food 4 Less […]
Instant grocery delivery startup JOKR bags another huge round to enter unicorn status
The company touts itself as “one of the fastest companies to reach unicorn status in history.”
Zepto, a 10-minute grocery delivery app in India, raises $60 million
Two 19-year-old entrepreneurs, who previously collaborated on a number of projects including a ride-hailing commute app for school kids and left Stanford last year to pursue a new startup, said on Sunday they have raised $60 million to disrupt India’s overcrowded and highly-competitive grocery delivery market. Glade Brook Capital led Zepto’s first institutional financing round, […]
Why bringing you emergency toothpaste could be big business
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is our Wednesday show, where we niche down to a single topic. This time ’round we took a look into the world of on-demand delivery in Europe, with a special focus on the so-called “instant” grocery sector […]
Chaldal, Bangladesh’s largest grocery delivery platform, raises $10M Series C
Founded in 2013, Bangladesh’s Chaldal was one of the first grocery delivery startups in the world to use the “dark” store model, picking up orders from its own warehouses instead of retail stores. Now the company says it is the country’s second-largest grocery player and the largest grocery e-commerce platform, with 27 warehouses located in […]
Grocery delivery startup Membo is hungry to build a Europe-wide, local food producer network
Estonia-based Membo — which is backed by Y Combinator and will be presenting at the incubator’s Summer 2021 Demo Day next week — is aiming to take a slice of the premium end of grocery shopping in Europe and a bite out of supermarket giants’ continued dominance of the traditional weekly food shop. On-demand food […]
Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina
HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V., with participation from STIC, LB and Mirae Asset Indonesia and Singapore. It also included returning investors Mirae-Asset Naver Asia Growth Fund and Z Venture Capital. The […]