Instacart Finally Files for its IPO
According to a recent report, the global online grocery market is expected to grow at 25% CAGR from from $285.7 billion in 2021 till 2030. Companies like Instacart are cashing in on this growth by helping deliver these groceries. Instacart's Offerings Last week, San Francisco-based Instacart filed for its IPO. Founded in 2012 by Apoorva Mehta, Brandon Leonardo, and Max Mullen, Instacart is a grocery delivery platform that focuses on home essentials and groceries. Read our earlier coverage here and here. It integrates technology and fulfillment capabilities to provide retailers with the se...
Source: sramanamitra.com