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    Home»Featured»BigBasket, Grofers’ business increases due to Corona
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    BigBasket, Grofers’ business increases due to Corona

    Finance KhabarBy Finance KhabarMarch 16, 2020No Comments1 Min Read
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    New Delhi: Online grocery retailers like BigBasket and Grofers has seen an 80-100 percent spike in orders as a result of the coronavirus pandemic, The Times of India reported.

    The novel coronavirus, or COVID-19, pandemic has infected over 156,000 people worldwide and left more than 5,800 dead.

    In India, the total number of coronavirus cases reached 110. To contain the spread of the virus, the authorities in major metros are urging people to stay at home, shutting down malls and restaurants.

    In view of this, customers are turning to online grocery stores and stocking up food and household items like flour, rice and pulses as well as disinfectants, hand sanitisers, diapers, and personal care items, said the report citing top executives at BigBasket and Grofers.

    At BigBasket, growth has doubled and with order baskets larger by 15- 20 percent, CEO Hari Menon told the publication. The platform is also seeing a lot more new users and is now ramping up capacity including storage space, delivery van and personnel, said Menon.

    Grofers has started seeing a 5-7 percent increase in demand earlier this week, which spiked 80 percent over the weekend, the report quotes founder Albinder Dhindsa as saying.

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