In this dynamic technology era, you don’t need land/ space area and workers to run huge Grocery Stores in India. Yes, guys, now you can simply start the Online Grocery Stop in 2024. Many famous brands have already achieved huge success in providing mind-blowing Online Grocery and Supermarkets. Even you can easily start your Online Grocery Store in India in collaboration with a famous e-commerce brand. This article shares the List of the Top 5 Online Grocery Stores & Supermarkets in India where you can Invest your money and earn a decent profit. Let’s explore this blog post to the end very carefully.
Top 5 Online Grocery Stores and Supermarkets in India
India’s online grocery business includes the internet sale of food goods, drinks, personal care products, home necessities, and more. Customers may browse, choose, and purchase groceries from the comfort of their homes or places of business using our easy-to-use website. Online groceries have emerged as a key player in India’s changing retail landscape, because of the growth of e-commerce platforms, the spread of smartphones, and high-speed internet access. Now if you are planning to start an Online Grocery Store and Supermarket in India then you must check out the mentioned brand list along with the investment cost and profit margin:-
1. BigBasket
In India, BigBasket is conceivably the most well-known online grocery retailer. They sell everything from rice and wheat to dairy and necessities for the household. They also operate in more than 20 cities. Therefore, you might very well utilize your cashback and discount coupons to make your life simpler, in several places, even if your profession demands you to travel around India.
| Investment Cost | Rs. 20 Lakhs – Rs. 30 Lakhs |
| Profit Margin | 10 to 20 % |
2. Jio Mart
Jio Mart is available in all of the big cities. You may visit one of their 100 physical locations or use their app to place an online grocery order. It is also highly regarded for having quickly captured the market. However, as is typical with Jio, it doesn’t take them long to steal customers away from rivals. Simply inquire with Idea and Vodafone about it. Let’s become a partner of the Jio Mart Online Store:-
| Investment Cost | INR 20 to 25 Lakhs |
| Profit Margin | 15 to 25 % |
3. Grofers
One of the largest grocery companies in the nation, Grofers has had over 5 million app downloads. Additionally, the online shopping app offers rebates on delivery windows. This implies that you will receive money as a reward if you can afford to wait and not obtain speedy delivery. To put it briefly, this is Domino’s pledge to provide a free Coke if they don’t deliver in under 30 minutes in reverse order to UNO. Pretty clever, huh?
| Investment Cost | ₹15 to ₹20 Lakhs |
| Profit Margin | 20 to 30 % |
4. Amazon Pantry
Unlike any other app, Amazon Pantry offers grocery delivery throughout India, which is its greatest feature. Additionally, a plethora of brands or merchants offer every item that is sold on the internet supermarket. This implies that you don’t have to give up on your favorite brand of rice simply because you placed an internet order. That one is probably going to be on display at Amazon Pantry.
| Investment Cost | INR 15 to 20 Lakhs |
| Profit Margin | 20 to 30 % |
5. Flipkart Supermarket
Flipkart Supermarket shopping is usually a thrilling experience. because of the incredible daily savings they provide. Unbelievably, Flipkart Supermarket offers things for as little as one rupee. In essence, ordering anything so inexpensive from the grocery store makes you feel as though you’ve just won after tossing a coin at one of those nostalgic lunches from our youth. You can easily invest in their Grocery Online Business model:-
| Investment Cost | Rs 10 to 25 Lakhs |
| Profit – Margin | 25 to 30 % |