Indian Internet-based companies' sudden obsession with online grocery stores shows no sign of letting up: Local search listing platform AskMe* has acquired online grocery marketplace Bestatlowest.com for and undisclosed amount, reports Livemint. Following the acquisition, Bestatlowest is expected to be merged with AskMe. Bestatlowest's co-founders Ankit Jain and Amit Nigam, as well as the company's 25 member team, are also expected to become a part of AskMe. Apparently, Bestatlowest.com will be merged into a new site called AskMeGroceries.com, which will be launched later this year. At the time of writing this article, the Bestatlowest.com site is still accessible, however currently they aren't accepting orders for groceries and non-FMCG products like mobiles & tablets, mobile accessories, and beauty & personal care among others. The website informs that the store is being updated and will resume services on May 22, 2015. Prior to the acquisition, Bestatlowest was operational in Delhi, Uttar Pradesh (Agra, Ghaziabad, Greater Noida, Lucknow and Noida) and Haryana (Faridabad, Gurgaon and Rohtak). Bestatlowest has tie-ups with retailers and supermarkets to acquire groceries and other products, which it then delivers to consumers within 4-6 hours in Delhi-NCR. Online grocery segment in India - Godrej Group’s premium food products retailer Nature’s Basket had acquired Mumbai-based online grocery store Ekstop.com, in February this year, and later integrated it into Nature’s Basket’s online store. - In April, hyperlocal online grocery retailer Grofers acquired mobile grocery startup My Green Box. Similar to the AskMe acquisition, My Green Box’s 15 member team joined Grofers and MyGreen Box founder Varun Khurana…
- After CIC’s Decision, NIXI Resumes Publishing Dispute Resolution Decisions December 1, 2022
- The Delhi High Court ordered a sexually-explicit video to be taken off the internet December 1, 2022
- What India’s IT Minister has to say about the concerns around the new data protection bill December 1, 2022
- Tamil Nadu pushes for Aadhaar-EB card linking despite data risks December 1, 2022
- Info on Online Gambling Law’s Report & Consultation Can’t Be Provided: Tamil Nadu Govt December 1, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...