The Economic Times

DMart parent Avenue Supermarts approves Rs 500 crore investment in online grocery arm

Avenue Supermarts, the parent of DMart, has approved an additional investment of up to 500 crore in Avenue E-Commerce, which operates DMart Ready, despite widening losses. The online grocery arms FY26 revenue rose 17% to 4,094 crore, while its loss increased to 307 crore. The company is focusing on 11 key cities.