Back
Himesh Jain
Chasing for infinityย โขย 1y
"20 Failures to a 39 billion company" Level 1 : making up of Instacart Apoorva mehta born in India and raised in Canada, completed his engineering degree from there and is a ex-Amazon employee who tried 20 staturps and failed and at last from his experience from Amazon he started instacart which was valued 39 billion in FY 2021 Instacart is a grocery delivery app which allows its users to order from any store and get same day delivery. Mehta identified the problem of long queue and busy schedule of people and came up with a solution. It's uniqueness was that it was providing the grocies from the nearby stores so no cost of managing warehouses and staff in the warehouses, It works as a straight connection between the user and the store , either the store can do self delivery or ask instacart delivery partners for help. And the app charges makes its revenue by charging some minimal fees. So this was the story and working concept of Instamart. Posting the level 2 soon
Replies (5)
More like this
Recommendations from Medial
Himesh Jain
Chasing for infinityย โขย 1y
" 20 Failures to 39 billion company" Level 2 : Route to become a unicorn Instacart was launched in 2012 and already made a revenue of 75 million in FY 2014, with this speedy progress they became a unicorn in 1 or 2 year. So what made them a uni
See More
Himesh Jain
Chasing for infinityย โขย 1y
" 20 Failures to a 39 billion company" Level 3 : Marketing strategies Instacart plan it's Marketing accordingly to the location, they dig out the data of the location and prepare their strategy according to it for eg. Let's say Instacart is starti
See More
Anonymous
Hey I am on Medialย โขย 1y
<30 minutes diary products delivery in all tier-0 and tier-1 cities. The key differentiator from other quick commerce business is that we don't add any preservatives and it's more of directly from farm to warehouses and to customers. Diary products i
See More
Ashish Singh
Finding my self ๐ถโ๏ฟฝ...ย โขย 9m
list of the top 10 Y Combinator startups Airbnb - Marketplace for renting homes or booking stays. Stripe - Payment processing for online businesses. Dropbox - Cloud storage for file sharing. DoorDash - Food delivery from local restaurants. Ins
See More
Vishu Bheda
ย โขย
Medialย โขย 8m
๐๐ฅ๐๐๐๐๐ก๐: ๐ข๐ฝ๐ฒ๐ป๐๐ ๐๐๐๐ ๐ ๐ฎ๐ฑ๐ฒ ๐ฎ ๐๐ผ๐น๐ฑ ๐ ๐ผ๐๐ฒ Sam Altman is stepping back from leading OpenAI's products. And guess whoโs stepping in? ๐ ๐ข๐๐ฃ๐ข ๐๐ข๐ฆ๐จ. Former CEO of Instacart Ex-Head of the Facebook App Now overseei
See More
AYAN DINDA
Ex - Campus Ambassad...ย โขย 1y
Idea Overview: Affordable and Sustainable Emergency Medical Services We propose developing a platform (app and website) that integrates medicine delivery, ambulance services, and nearby warehouses in small, frequently overlooked towns. Our aim is to
See More
Nnnnn
Hey I am on Medialย โขย 1y
Decentralized Last-Mile Delivery Solution Using Kirana Stores Failed deliveries often occur because customers are unavailable during working hours. To address this, we propose leveraging local kirana stores as decentralized delivery hubs. Customers
See More
Abhay P
PGDM-IB @ BIMTECH'27...ย โขย 7m
What if there was a delivery app or service that combined orders from Amazon, Flipkart, etc., and sent just one delivery person to a locality with all the packagesโwouldn't that save time, fuel, and effort? What could be the pros and cons of such a s
See More
Mahendra Lochhab
Content creatorย โขย 10m
The Souled Store Story: The souled store was started in 2013 by Vedang Patel, Aditya Sharma, Rohin Samtaney and Harsh lal. Vision: It was started to bring official merchandise of famous movie franchises like Marvel, DC and sports like WWE etc. to fa
See More
Sai Charan
Hard work beats tale...ย โขย 12m
When you make an order in Zomato, the minimum order value is 1200 for free delivery, whereas it is just 200 in Blinkit Why? Also the delivery charge is 55 rupees for 4 kilometres in Zomato and 30 rupees in Blinkit(assuming the dark store is 4km from
See More
Download the medial app to read full posts, comements and news.