Various grocery startups around the world are blooming with the help of online grocery store development. According to research by Statista, in 2017, the Drive (picking up online-ordered goods at a car collecting point) generated 3.8 billion euros in income in France, with revenue predicted to rise to 4.7 billion euros in 2020 and potentially 5.5 billion euros in 2025.
La Belle Vie, a French business, announced the completion of a $28.2 million (€25 million) Series B round headed by Left Lane and Quadrille Capital, with current investor Capagro also participating. In the Paris area, the company runs a web-based food store.
Online grocery delivery has become such a crowded space. In Paris alone, there are so many online grocery service providers like Gorilla, Cajoos, Flink, Zapp, GoPuff, and many more. However, La Belle Vie has been going strong since 2015. It has a wide range of skills in logistics, inventory management, and unit economics.
Also, read – How Much Does It Cost To Develop App Like GoPuff?
In this blog, you will get to know how La Belle Vie raised $28 million for its own supermarket by starting with online grocery store development.
