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Satvacart is a Gurugram-based online grocery retailer.
Founded in 2014, Satvacart was the first to launch milk subscriptions in Gurugram. It was also the first online grocery player to turn the business profitable at operating level as far back as March 2016. However, it pivoted from milk subscriptions to an inventory led instant delivery model of grocery in search of the right metrics moving towards profitability. Following a micro-cluster based model whereby it maintains a completely independent, tech-enabled warehouse in the centre of a 5 km cluster, Satvacart ensures a delivery slot every 30 minutes seeing to it that the customer gets its delivery within 60 minutes of the order getting placed.
Legal Name
:
Satvacart Supermart Pvt Ltd
Headquarters
:
Gurgaon, Haryana, India
Founding Date
:
2014
No. of Employees
:
21 to 40
Core Team
:
1.
Rahul Hari
Founder and CEO
2.
Deepika Saxena
Co-Founder
Total Funding
$2.3M
Investors
:
1.
Shishir Kumar
2.
Keshu Dubey
3.
Palaash Ventures
Series Name
:
SEED
Date
:
3rd Dec 2021
Investors
:
1.
Kuldeep Puri
2.
Shailendra Kumar
3.
Siddhartha Garg
4.
Madhu Sudana Rao Kalagarla
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