{
  "id": 2316654,
  "title": "DMart 'readies' ₹500 crore to fight Q-comm battle",
  "url": "https://urgent.news/2026/08/20/dmart-readies-500-crore-to-fight-q-comm-battle",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-20T19:06:32.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/industry/services/retail/dmart-parent-avenue-supermarts-approves-rs-500-crore-investment-in-online-grocery-arm/articleshow/133386263.cms"
  },
  "original_language": "en",
  "account": "Mumbai: Avenue Supermarts, the parent company of supermarket chain DMart, recently announced a significant investment of up to ₹500 crore to bolster its online grocery division, Avenue E-Commerce. This move comes as the company faces widening losses in its DMart Ready subsidiary. The investment, approved during the company's Annual General Meeting, brings the total capital invested in Avenue E-Commerce to nearly ₹2,000 crore, with ₹350 crore already invested in the previous fiscal year.\n\nAvenue E-Commerce, which operates DMart Ready, saw a 17% revenue increase to ₹4,094 crore in FY26 compared to ₹3,502 crore in the previous year. However, its losses widened to ₹307 crore from ₹247 crore in FY25. The company has been actively strengthening its home-delivery business and expanding its service footprint to 18 cities, adding eight fulfillment centres, and investing in technology and customer interfaces.\n\nIn a strategic shift, DMart Ready has narrowed its focus to 11 cities, where the majority of its online business is generated. Managing Director and CEO Anshul Asawa explained that the company made a deliberate decision to concentrate its resources on running a sustainable and profitable e-commerce model in these key cities, ensuring that the team can prove their dedication to the success of their online operations.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}