About the grocery ecommerce sector
Haggling for grocery of the right quality in dingy bazaars may soon be a thing of the future. The grocery ecommerce segment has taken off in a big way in India recently, with numerous highly promising startups such as Grofers, Zopnow and Bigbasket in the fray. Another big player in the market is Bucketkart, which allows customers to not only order groceries painlessly online, but also includes several highly innovative and beneficial features in its service, which is sure to serve it in good stead in the long run.
What is Bucketkart and how is it unique?
Set up in 2014, Bengaluru-based Bucketkart’s services went live in March 2015. The startup was founded by Santosh Tiwari, Archana Pawar Saxena and Bishal Kumar. The company’s excellent online platform allows customers to order a truly humongous range of products, ranging from fruits and vegetables to personal care items (such as deos, face care equipment and shaving kits) and a variety of ready to eat items, including biscuits, jam and soup. All of Bucketkart’s offerings are superbly categorized, enabling customers to find their required items effortlessly.
What sets Bucketkart apart from other players in this sector is its tying-up with local farmers in order to source products; other players, such as Grofers and Zopnow, prefer to source their products from local vendors in towns. This excellent initiative of Bucketkart’s thus greatly benefits farmers, besides also allowing customers to get fresh foodstuffs of a very high quality. It also reduces logistical pressure.
Moreover, Bucketkart offers a number of innovative delivery options to customers, to maximize their convenience. It can guarantee deliveries within 2 hours, but at the same time, in order to make grocery planning easy, it also offers deliveries on the next day, in 7 different slots-starting from 8 am in the morning to 10 pm at night. Thus, the Bucketkart system is geared up for delivering the best quality grocery in the easiest and most convenient manner possible.
The ever-rising scale of Bucketkart’s operations
Its innovativeness has already caught the eye of investors, and the startup raised $150,000 in seed funding recently. With the funding being used for aggressive marketing and technological development, Bucketkart is sure to garner even more funding in coming months, due to an expansion in its profile. Already, the startup is handling as many as 150 transactions per day.
The bottom line
The Grocery market in India is estimated to be worth a whooping $400 billion. While online grocery shopping currently accounts for only a tiny share of the pie, the spirit of innovation and dedication which Bucketkart brings to the table is certain to cause this segment to expand over time.
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