#peppertap

VC たちは、PepperTap がこうも早く破綻するとは夢にも思わなかったことだろう。それくらい、同社が1年半前に設立されてからの成長は印象的だった。しかし、カスタマー獲得のための巨額の費用と、「全世界での悲惨なファンディング環境」が、同社を破綻に追い込んだ。

グルガーオンに本拠を置くハイパーローカル・デリバリーのスタートアップ PepperTap のストーリーは2014年11月から始まった。Navneet Singh 氏と Milind Sharma 氏が設立した同社は、最初の大規模資金調達を2015年4月に行った。インドのトップ VC である SAIF Partners と Sequoia Capital から、総額1,000万米ドルを調達したのだ。

9月には、e コマース大手 Snapdeal が主導したシリーズ B ラウンドで3,600万米ドルもの資金を調達した。それに続き、…

Peppertap Shutsdown Grocery Delivery Services In 10 Cities

Peppertap has decided to shut down its operations in 10 cities including large markets such as Mumbai, Kolkata, Chennai and Ahmedabad. The hyperlocal grocery delivery service will continue to operate from 8 cities. The move was chalked up to cutting costs and to turn their focus on existing revenue generating markets. The shutdown has also led to around 400 employees being laid off, mainly…

Online Grocery Store PepperTap Launches New App Just For Its Vendors

Just a few days after announcing that it received a large amount of funding and its acquirement of JiffStore, PepperTap has grabbed headlines again by launching an app for its vendors. The Gurgaon based online grocery marketplace and delivery system claims that this will allow vendors to navigate their sales on PepperTap better. Enabling Vendors Through the app, vendors that supply fruits,…

Online Grocery Delivery Service PepperTap Receives $4 Million Funding And Purchases Jiffstore

Gurgaon based online grocery ordering service, PepperTap announced a double whammy yesterday; it has raised $4 million in funding and has also bought the Bangalore based Jiffstore, a hyper local grocery delivery platform. The Funding The $4 million that PepperTap received was the last amount of funding in their Series B funding round which included investments from Snapdeal, Innoven Capital,…

Shopping For Groceries Online Has Become A Way Of Life

The way we purchase groceries for our homes has changed drastically with the introduction of many hyper-local delivery apps. Big Basket, Grofers and Peppertap are some of the delivery apps promising delivery of fresh groceries on the same day based on slots convenient to you. Grofers with its recent $120 million funding, has opened the doors to many other startups to grab a slice of this enormous…