SberMarket

SberMarket

A grocery with same-day delivery and click-and-collect services. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD201920202021
Revenues3.6m9.6m24.8m
% growth-166 %159 %
  • Edit
DateInvestorsAmountRound
-

N/A

-
N/A

$300k

Seed
N/A

$500k

Seed
N/A

$500k

Seed
*

€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

Recent News about SberMarket

Edit
More about SberMarketinfo icon
Edit

Instamart 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.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.