SberMarket
Financials
Estimates*
USD | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 3.6m | 9.6m | 24.8m |
% growth | - | 166 % | 159 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €1.4m | Early VC | |
N/A | $4.5m | Series B | |
* | N/A | Early VC | |
* | $7.6m Valuation: $27.0m | Series A | |
$45.0m | Series D | ||
Total Funding | €54.5m |
Related Content
Recent News about SberMarket
EditInstamart is an online grocery delivery service operating in the Russian market. The company caters to a diverse range of clients, including busy professionals, families, and anyone seeking the convenience of home-delivered groceries. Instamart partners with various well-known retailers such as METRO, BILLA, and SELGROS to provide a broad selection of products, from fresh produce to household essentials.
The business model is based on a user-friendly online platform where customers can browse and order products. Instamart makes money through delivery fees and partnerships with retailers. By leveraging technology and logistics, the company ensures timely and efficient delivery, often within hours of placing an order.
Instamart's market strategy focuses on urban areas with high population density, where the demand for quick and convenient grocery delivery is highest. The company uses data analytics tools like Google Analytics and Amplitude to optimize operations and enhance customer experience.
Keywords: online grocery delivery, Russian market, urban areas, busy professionals, families, fresh produce, household essentials, technology-driven, logistics, data analytics.