Nowadays, online shopping has become a trend everywhere. People don’t have time to go outside and look for the products in different shops. However, when we talk about grocery shopping then it has also changed a lot in recent years. The days of going outside to buy groceries from the closest Kirana or a small grocery store on a weekly or monthly basis are long gone. In India, we are seeing a rapid change in the living styles and habits of people. If they want to buy any grocery items such as snacks, drinks, dairy products, etc they choose to buy them online instead of going to any Kirana stores.
Now, everyone is predicting that online grocery ordering will become part of the new normal. Therefore, it is the best opportunity for you to invest in online grocery stores and supermarkets. In the coming years, it will capture the largest market in India. So, if you are interested in investing in this category and want to know more about the Best Online Grocery Stores & Supermarkets in India then stay tuned with us and check out the complete article ahead.
Best Online Grocery Stores in India
People are shifting toward online grocery shopping, especially in metropolitan cities in India. This change has happened because of big sales from e-commerce companies like Amazon, Flipkart, BigBasket, etc. Also, when the COVID-19 pandemic hit the world, it restricted everyone at home because of the lockdown. So, people started using online grocery apps for everyday grocery shopping. During the pandemic, it was easier for customers to purchase groceries through online platforms because of initiatives like “contactless delivery” and the opportunity to make payments online.
This is the main cause now people got into a habit of online grocery shopping. Companies in India are investing money in the quick commerce market. Since most of the products in the grocery market were perishable, companies began creating a rapid commerce, or q-commerce, model of supermarket delivery that takes 10 to 20 minutes. Currently, there are many online grocery stores & supermarkets available in India in which you can invest and earn a good profit too.
Online Grocery Stores & Supermarkets in India – Overview
| Article Topic |
|
| Industry | e-commerce |
| Country | India |
| Business Category | Online Grocery |
| Investment | Rs. 10 Lakhs – 2 Crores |
| Profit | 5% – 20% |
| Year | 2024-25 |
| Official Website | Click Here |
| Category | Business Enquiry |
List of Best Online Grocery Stores & Supermarkets
In recent years many companies have started online grocery stores & supermarkets in India. Moreover, the number of people who prefer online grocery shopping is growing by the day, so the business has tremendous prospects for growth. Below, we have listed some of the Best Online Grocery Stores & Supermarkets in India:
- Grofers
- Blinkit
- BigBasket
- Jio Mart
- Amazon Pantry
- Flipkart Supermarket
- ZopNow
- Natures Basket
- Paytm Mall
- DMart
Online Grocery Stores: Check Investment Cost & Profit Margin
As you know, Grocery is a retail business selling everyday household products like food and beverages, cleaning supplies, fruits, vegetables, poultry, meat, frozen and canned foods, etc. Most of these products are perishable goods that have limited shelf life so you need extra care and sell them quickly before they expire. Moreover, if you want to invest in an online grocery store business then you may need an investment from Rs 10 Lakh to Rs 2 Crore, depending on the size and location of the store and the type of products you want to sell.
Also, you need to start a grocery trading business involves choosing are right business model, picking a suitable location, hiring staff, and setting up the store. Apart from that, you can make a 5% to 20% profit in this business depending on the profit margin the wholesaler provides. In the long run, you can maximize your profit margins and can establish a good online grocery store business.
Requirements for Online Grocery Stores 2024
Before investing in an online grocery store you need to fulfill some requirements. You can check the below-mentioned list of important requirements for online grocery stores & supermarkets;
- First of all, you need to get a Fssai registration and license for your business.
- All the existing online businesses are now covered under GST so you also need to get GST Registration and do GST Return Filing.
- You also need a trade license for your business.
- Apart from these, you need some important documents such as a PAN card, Aadhar card, location, mobile number, etc.
- Also, you need to register your business under the 1953 Shops and Establishment Act.
How to Start an Online Grocery Store in India?
Many of you are looking to start your online grocery stores but don’t know how to do it. So, we have shared some details regarding starting an online grocery store in India do check out carefully:
- First, you need to Undertake Market Research.
- After that, Identify the location and target audience.
- Most importantly, you need to have a Registration of business.
- Now, you have to do an Inventory Management.
- Also, provide good Delivery services to the customers.
- Importantly, you need to develop a website and app so that people can visit your online grocery store through your online platform.
- Lastly, if you want to run your business quickly then you need to do some marketing or advertising.