Four month old e-grocery startup Myonsto has raised $315K [Rs. 2cr] from Oswal Industries Jayant Bokadia. Myonsto claims to be the first e-grocery store in Ahmedabad, unlike other online grocery startups, it does not have a mobile app for mobile shopping of groceries yet.
The idea was born out of a simple desire to extend the convenience of online shopping to every consumer’s routine needs and wants, not just his clothes and gadgets. From daily groceries, fruits, vegetables and household supplies, to special international foods, bakery goods and desserts, we bring a staggering variety of over 5000 products, from your fingertips to your doorstep. It claims to have an average monthly revenue of Rs 200,000 lakh with a gross profit of 12-15 per cent.
MYONSTO = My Online Store
tags: myonsto wiki, about, founders, interview, funding, revenue model, business, egrocery