India's online grocery retail market to touch $10.5 billion by 2023: Redseer
- As of now, online platforms including Bigbasket and Grofers have been the most prominent players in the industry
- Bigbasket currently has over 100,000 orders a day, while Grofers manages more than 40,000 orders day
BENGALURU : Online food and grocery retail, which currently accounts for just 0.2% of the overall market, is expected to touch $10.5 billion or 1.2% of the overall market by 2023, driven by an increased assortment of products and efforts like express delivery operations, according to a report released by consulting firm Redseer on Friday.
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