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“Food delivery business was hit in the first wave of Covid due to fear of virus and surface transmission. The fear of surface transmission has gone away and we have delivered crores of orders in the last 18 months without even a single case of transmission through food delivery,” said chief financial officer Akshant Goyal. The company’s average order value (AOV) has been steadily increasing – even through the pandemic. It touched Rs 395 in the fourth quarter of the last fiscal, from Rs 287 a year before that. On grocery, Goyal said it is a large opportunity and is in a nascent stage right now. “We are actively experimenting in this space and recently invested $100 million for a minority stake in Grofers with the idea of getting more exposure to that space. We are in the process of rolling out a grocery delivery marketplace on our platform on a pilot basis,” he added.

Akshant goyalEdge indiaInfo edgeAnt financialTiger globalவிளிம்பு இந்தியாதகவல் விளிம்புஎறும்பு நிதிபுலி உலகளாவிய