When contacted, Grofers CEO and co-founder Albinder Dhindsa said, "Grofers GMV (gross merchandise value) grew by 300 per cent to reach Rs 2,500 crore in FY 2018-19 and we are on track to double it to Rs 5,000 crore in FY 2019-20".
"We are now the largest grocery e-commerce company in India and are preparing to bring the next 100m customers online by penetrating into hitherto untapped socio-economic segments," he added.
Grofers' numbers indicate the revenue it earned through retail margin/commission from brands and sellers.
In May, the company had announced a fund raise of over $200 million from new investor KTB, and existing investors Tiger Global Management and Sequoia Capital.
In September, Grofers had said it aims to cross the $1 billion revenue mark by the end of the year, helped by strong growth in both its online and offline businesses.
The company, which started operations as an online grocery platform, earlier this year said it is working with brick-and-mortar stores in Delhi-NCR to convert them into its own branded outlets.
The company has been pursuing profitability by consolidating its presence in the cities of operations and is also gearing up to hit the capital market with an initial public offering (IPO) in the next few years.