E-Commerce business focused on groceries are back in focus with few companies tying up funding recently. Although investors were wary about online stores, but that sentiment has changed. Bangalore witnessed the launch of Toptomato, founded by the alumnus of IIT KGP.
Toptomato.in is an online platform for ordering all household items in a simple and convenient manner. They have over 6000+ products in their portfolio spanning the FMCG segments of food, personal care and household care items. They also have highly customized delivery solutions to take care of the preferences of customers in the best possible way. Toptomato.in is the answer to mundane Sunday morning shopping chores, long queues at the billing desks and daily procurement hassles.
TopTomato has couple of unique features which sets it apart in the e-com marketplace. The website offers packages for different segments of customers and specific delivery slots for comfortable shopping. One can also opt for Toptomato subscription which is based on weekly/bi-weekly/ monthly basis. The website currently retails kitchen and daily essentials and currently features deep discounts on several products. Currently they are operational in South, East and Central Bangalore.
- Customised home delivery solutions – delivery within 24 hours
- Periodic Deliveries – you place your order once and they are automatically delivered to you
- Concept of shopping list and customized packages
About the Founders:
Ms. Sneha Roy, Director – Sneha is an Instrumentation Engineer from Indian Institute of Technology, Kharagpur. Post her graduation, Sneha joined ITC where she handled diverse profiles including Project Manager & Plant Maintenance Manager. Sneha believes in doing things differently and innovation is her passion.
Ms. Sananda Misra, Director – Sananda is an Instrumentation Engineer from Indian Institute of Technology, Kharagpur. After IIT, Sananda joined Procter and Gamble, Bhopal where she spearheaded multiple projects.
Direct Competitiors : Bigbasket, Zopnow.
Investments in this space:
ZopNow – (July 2012)- Raised Series A from Accel Partners, Qualcomm Ventures and media group Bennett Coleman & Co.
EkStop: (June 2012) – Undisclosed angel funding from angel investors. The investors include:
- Jayesh Parekh (co-founder of Sony Entertainment Television),
- Deepak Shahdadpuri (head of Beacon India Private Equity Fund),
- Patrick Turner (Runs the entrepreneurship department at INSEAD),
- Jungle Ventures, Sanjay Kamlani (co-CEO of Pangea3)
- Senior Google and McKinsey executives.
Bigbasket – (March 2012)-Bangalore-based private equity firm Ascent Capital invested $10 million in the first round of funding in BigBasket.com
Give TopTomato a spin and let us know your feedback.