About GrocerApp
GrocerApp is a company based in Lahore (Pakistan) founded in 2016.. GrocerApp has raised $6.3 million across 3 funding rounds from investors including Jabbar, Wamda and Haitou Global. GrocerApp operates in a competitive market with competitors including Krave Mart, Airlift Express, Airlift Tech, Mandi Express and 24Seven, among others.
- Headquarter Lahore, Pakistan
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.3 M (USD)
in 3 rounds
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Latest Funding Round
$5.2 M (USD), Series A
Jun 14, 2021
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Investors
Jabbar
& 15 more
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Employee Count
Employee Count
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Funding Insights of GrocerApp
GrocerApp has successfully raised a total of $6.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.2 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $5.2M
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First Round
First Round
(08 Jan 2018)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - GrocerApp | Valuation | Hayaat Group | |
| Sep, 2020 | Amount | Seed - GrocerApp | Valuation | Jabbar | |
| Jan, 2018 | Amount | Angel Round - GrocerApp | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GrocerApp
GrocerApp has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Jabbar, Wamda and Haitou Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Hayaat Group is engaged in investments and real estate development.
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Founded Year | Domain | Location | |
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A venture capital fund focused on technology startups is operated.
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Founded Year | Domain | Location | |
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Investment management and consulting services are provided by Walled City Co.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GrocerApp
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GrocerApp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grocerapp Comparisons
Competitors of GrocerApp
GrocerApp operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Krave Mart, Airlift Express, Airlift Tech, Mandi Express and 24Seven, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online delivery store offering groceries and everyday essentials
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| domain | founded_year | HQ Location |
Multi-category grocery supplies are delivered through an online platform.
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| domain | founded_year | HQ Location |
Groceries and medicines are delivered through a mobile app.
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| domain | founded_year | HQ Location |
Fresh organic groceries are sourced, ordered, and delivered on demand.
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grocerapp
Frequently Asked Questions about GrocerApp
When was GrocerApp founded?
GrocerApp was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is GrocerApp located?
GrocerApp is headquartered in Lahore, Pakistan. It is registered at Lahore, Punjab, Pakistan.
Is GrocerApp a funded company?
GrocerApp is a funded company, having raised a total of $6.3M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $100K, raised on Jan 08, 2018.
What does GrocerApp do?
GrocerApp was founded in 2016 in Lahore, Pakistan, within the on-demand delivery sector. Grocery items, staples, home essentials, baby products, personal care goods, and packed foods are ordered by users through Android and iOS mobile applications. Operations focus on quick fulfillment of these essentials, serving local markets in Pakistan with a domain of grocerapp.pk.
Who are the top competitors of GrocerApp?
GrocerApp's top competitors include Krave Mart, Airlift Express and Airlift Tech.
Who are GrocerApp's investors?
GrocerApp has 16 investors. Key investors include Jabbar, Wamda, Haitou Global, Hayaat Group, and Nama Ventures.