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How chicken craving amidst lockdown lead to a company with revenue around 60 lakhs?
The world faced the biggest pandemic in 2020. Industries across the world are realigning their strategies and making efforts to recover from the impact of the COVID-19 crisis. Amidst all the gloom, one thing that brought us a ray of hope was the e-commerce industry which saw a boost in demand during this time. As the world started to follow the new normal from practising social distancing, use of masks and work from home. The year 2020 will be considered a redefining year for the e-commerce industry and consumers at large as huge number of consumers started shopping online after the lockdown was announced.
Groshers launched during the pandemic lockdown in May 2020 with a tagline of "Aapki Zaruratein,Humari Zimmedari" headed with a motive of home delivery services of well packed and sanitised grocery items, raw non veg items delivered to home via Groshers van with pre-booking of the products through their user friendly app and the website for the first time in India.
Groshers left no stone unturned to cover up the needs of people during the lockdown by delivering medicines and personal care products too along with the FMCG at discounted price also taking doctor's appointment through their app which were predominantly offline in cities of UP , but are now considered online and direct-to-consumer platforms with providing huge job opportunities in the whole UP.
Groshers started as a bootstrap business with a team of 12 members in Gorakhpur(UP) and expanded their wings in Basti with their offline meat store,revolutionizing the most unrecognised sector of India and generated the revenue of 6 million for the year May 2020-March 2021.
Groshers is also involved in social service activities like stray dogs feeding, charities to less fortunate children for helping in their education and many more.
The growth is supported by multiple factors like the rising adoption of digital platforms, faster and timely deliveries, and rising adoption of digital payment coupled with greater internet penetration.
What else can I help you with?
What is profit in a company?
profit in a company this is increase in revenue received by the company. profit in a company this is increase in revenue received by the company.
How Kentucky Fried Chicken generate revenue?
sell stuff
What is Customer net revenue?
Net revenue means the profit for a company. This is the profit that is left over and what the company has earned.
A company is maximizing profit when marginal revenue?
A company maximizes profits when marginal revenue equals marginal costs.
Is the primary source of revenue for a merchandising company is sales revenue?
YES
What is a company's revenue?
Total Revenue - This is what it says in my economics book; A company's total revenue is defined as "the amount of money the company receives by selling its goods."Revenue in General - With that being said, it sounds like revenue is just the amount profit a company makes by selling it's good or sevices.Hope this helped, if not, look it up on Dictionary.com ! :) That is always what I do, and it has never let me down.
What is importance of revenue cost and profit?
Chicken Sandwitch with curry < How immature.
What is the importance of revenue costs and profit?
Chicken Sandwitch with curry < How immature.
What are the appropriate names for the revenue account for a businesses such as doctor hairdresser photographer loan company real estate company and dry cleaning company?
the doctor, hairdresser and photographer's revenue account name is fees revenue real estate's revenue account name is commission earned
What is cost of revenue?
Cost of revenue is the amount spent to sell a company's products.
What is company totals revenue?
This is what it says in my economics book; "A company's maximum revenue is defined as the amount of money the company receives by selling its goods." Revenue is any type of income that is coming into the company for example Investment income That's the best answer i could find ^_^
Which company has the highest revenue?
Microsoft
