About Online Grocery
There are 22.4K companies in the Online Grocery sector across the world, with 3.42K funded companies having collectively raised $81.2B in venture capital money and private equity. Overall 1.14K of these are Series A+ funded and the sector has seen the creation of 43 Unicorns.
Online Grocery sector has seen 533 acquisitions and 117 IPOs.
This sector includes online Grocery covers companies that provide online platforms, apps, and technology enablers for buying and selling grocery food products. Major segments include Includes B2C and B2B eCommerce companies, Technology enablers for grocery retailers, and new-age retail formats including smart vending machines, autonomous stores.
Online Grocery sector is also known as Online Grocery Shopping, E-Grocery, Grocery Delivery, Online E- Commerce, Digital Grocery Shopping or Grocery ECommerce.
Companies included in Online Grocery sector
Companies that provide an online platform for consumers and businesses to order fresh produce, non-perishable food items, grocery and related goods. Companies that provide mobile apps or online platform enabling users to build grocery shopping lists and compare product prices offered by different retailers. Also, includes companies that provide enterprise SaaS solutions for building an online store front, customer engagement, marketing, operations management etc.Companies excluded in Online Grocery sector
The online grocery scope excludes offline retail chains such as Walmart, Whole Foods or Costco. The online retailers which also sell grocery items along with non-grocery items through their platform or business units such as Amazon or Paytm Mall.Market Map of Online Grocery
The market map of Online Grocery gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in Online Grocery sector are B2C Grocery Delivery, Hyperlocal Delivery and Online Coffee Brands.
Reports related to Online Grocery
Here are some reports related to Online Grocery sector:
Free
Online Grocery - Sector Report
Edition: September, 2026 (89 Pages)
Free
Food & Beverage - Sector Report
Edition: August, 2026 (94 Pages)
Free
Healthy Food & Beverage - Sector Report
Edition: August, 2026 (61 Pages)
View all reports related to Online Grocery. Sign up today!Top Companies in Online Grocery
There are more than 22.4K companies in Online Grocery. Swiggy is the top Online Grocery company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Online Grocery companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Online platform for ordering food, groceries, and dining services. | Bengaluru (India) | 2013 | Public | $3.62B | |
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers | San Francisco (United States) | 2013 | Public | $2.5B | |
Operator of an online marketplace providing grocery and delivery services | San Francisco (United States) | 2012 | Public | $2.93B | |
Online retailer of groceries, personal care, and household essential products | Gurugram (India) | 2013 | Acquired | $758M | |
Provider of meal recipe kits subscription service | Berlin (Germany) | 2011 | Public | $367M |
Companies founded year-on-year in the Online Grocery sector
82 new startups have been founded so far in 2026 in the Online Grocery sector. 2,660 Online Grocery startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 82 |
2025 | 115 |
2024 | 291 |
2023 | 634 |
2022 | 1,248 |
2021 | 1,726 |
2020 | 2,660 |
2019 | 1,571 |
2018 | 1,607 |
2017 | 1,384 |
Companies founded across countries in the Online Grocery sector
India has 6,149 Online Grocery startups, the most by any country, followed by United States which has 4,347 startups and United Kingdom which has 1,966.
- Total Number of Companies
Country | No. of companies |
|---|---|
India | 6,149 |
United States | 4,347 |
United Kingdom | 1,966 |
Canada | 768 |
Australia | 716 |
Germany | 612 |
China | 506 |
Singapore | 354 |
United Arab Emirates | 324 |
France | 303 |
Stage-wise distribution of the Online Grocery sector
Out of the total 22,429 Online Grocery companies, 3,419 have secured funding. Among them, 1,141 have reached Series A or higher, and 857 to Series B or beyond.
Founded - 22,429
Funded - 3,419
Series A+ - 1,141
Series B+ - 857
Series C+ - 760
Company Stage | No. of companies |
|---|---|
Founded | 22,429 |
Funded | 3,419 |
Series A+ | 1,141 |
Series B+ | 857 |
Series C+ | 760 |
Want to know more about Online Grocery ? Signup and explore Tracxn for free
- 22.4K+ Total Companies
- $81.2B+ Total Funding
- 3.4K+ Funded Companies
- 115+ IPOs
- 530+ Acquisitions
- 100+ Reports
Funding Trends in the Online Grocery sector
Total funding year-on-year in the Online Grocery sector
The Online Grocery sector saw a total funding of more than $71.8B in the last 10 years. The most amount of funding was in 2021 at more than $24.4B. There has been a total funding of $1.15B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.15B |
2025 | $3.81B |
2024 | $4.62B |
2023 | $2.5B |
2022 | $8.7B |
2021 | $24.4B |
2020 | $8.78B |
2019 | $7.3B |
2018 | $7.89B |
2017 | $2.7B |
Total funding across countries in the Online Grocery sector
In the last 10 years, Online Grocery startups in United States have recieved the highest funding among all countries - $20.3B. India follows with $16.4B and China with $13B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $20.3B |
India | $16.4B |
China | $13B |
Germany | $3.28B |
United Kingdom | $1.97B |
Indonesia | $836M |
Canada | $372M |
Brazil | $300M |
France | $257M |
Australia | $147M |
Total funding amount raised by stage in the Online Grocery sector
Over the last 10 years, the Online Grocery sector have seen $2.02B into Seed Stage funding rounds, $14.5B into Early Stage funding rounds and $47.1B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $47.1B |
Early Stage | $14.5B |
Post IPO | $3.41B |
Debt | $2.14B |
Seed Stage | $2.02B |
PE | $330M |
Grant | $83.4M |
ICO | $2.68M |
Other-Equity | $135K |
Recent Funding Rounds in Online Grocery
In the year 2026, till September 2026, Online Grocery companies have raised $973M in equity funding across 115 rounds.
In the same period last year (i.e. till September 2025), Online Grocery companies had raised $1.49B across 202 rounds.
So, 2026 has seen a 34.55% drop in funding in Online Grocery companies as compared to 2025.
Here are some recent, important funding rounds in Online Grocery:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4390 | Sep 11, 2026 | ||
Series A | 3351 | Sep 11, 2026 | ||
Series A | 4293 | Sep 03, 2026 | - | |
Series D | 4701 | Aug 24, 2026 | ||
Series A | 4010 | Aug 10, 2026 | and 1 more |
Top Investors in Online Grocery
Y Combinator is the top investor in Online Grocery companies based on number of companies invested.
Here are some top investors in Online Grocery:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
Washington, DC (United States) | ||
New York City (United States) | ||
Menlo Park (United States) | ||
Palo Alto (United States) |
M&A activity in Online Grocery
In the year 2026, till September 2026, 16 acquisitions happened in Online Grocery sector. Last year, in 2025, a total of 34 acquisitions happened in Online Grocery sector.
Here are some recent, important acquisitions in Online Grocery:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 25, 2026 | ||
Business Acquisition | Sep 10, 2026 | ||
Business Acquisition | Sep 07, 2026 | ||
Business Acquisition | Sep 04, 2026 | ||
Business Acquisition | Sep 01, 2026 |
Acquisition trends in Online Grocery
Here are the acquisition trends in Online Grocery:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 16 |
2025 | 34 |
2024 | 34 |
2023 | 60 |
2022 | 80 |
2021 | 63 |
2020 | 41 |
2019 | 32 |
2018 | 48 |
2017 | 42 |
IPOs in Online Grocery
In the year 2026, till January 2026, 1 IPO happened in Online Grocery sector.
Here are some recent, important IPOs in Online Grocery:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jan 30, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Oct 09, 2025 | Bombay Stock Exchange (BSE) | |
Aug 19, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jan 23, 2025 | Korea Exchange (KRX) | |
Dec 06, 2024 | Hong Kong Exchanges (HKG) |
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Colleges which produce the most Online Grocery companies
Companies founded by alumni from top colleges in the Online Grocery sector
Most number of Online Grocery startups have been founded by alumni from Harvard University, Stanford University and IIT Delhi.
College | No. of companies |
|---|---|
Harvard University | 58 |
Stanford University | 49 |
IIT Delhi | 46 |
Harvard Business School | 44 |
IIT Bombay | 41 |
BITS Pilani | 37 |
Cornell University | 33 |
INSEAD | 33 |
University of Pennsylvania | 32 |
IIT Kharagpur | 29 |
Total funding in companies founded by alumni from top colleges in the the Online Grocery sector
In the last 10 years, Stanford University graduates' Online Grocery companies have raised the most funding among top colleges. BITS Pilani alumni are second, and IIT Madras alumni are third.
College | Total Funding |
|---|---|
Stanford University | $6.24B |
BITS Pilani | $6.02B |
IIT Madras | $5.41B |
IIT Kharagpur | $5.04B |
IIM Calcutta | $4.87B |
IIT Delhi | $4.3B |
Carnegie Mellon University | $3.79B |
INSEAD | $2.21B |
IIM Bangalore | $1.53B |
Harvard University | $1.44B |
Top News in Online Grocery
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Dollar General and Instacart Announce Same-Day Delivery PartnershipProgressive Grocer•Sep 23, 2026•Dollar General, Instacart
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Ocado expands lower-alcohol wine range with Nectar & Nature partnershipGrocery Gazette Uk•Sep 22, 2026•Ocado
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Blinkit to Pilot Sale of PM Vishwakarma Artisans' Products in BengaluruMoneycontrol•Sep 19, 2026•Blinkit
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NHL and DoorDash Announce Multiyear PartnershipFinancial Post•Sep 17, 2026•National Hockey League, DoorDash, Disney+
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García-Carrión Wins Two Grand Gold Awards at MUNDUS VINI Summer Tasting 2026Europa Press•Sep 16, 2026•Garcia Carrion
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Ocado Retail Hits Milestone of 600,000 Online Grocery Orders in a WeekRetail Technology Innovation Hub•Sep 14, 2026•Ocado
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Instacart and World Market Announce Exclusive Same-Day Delivery PartnershipRetail Technology Innovation Hub•Sep 03, 2026•World Market, Instacart
