First Published in CryptoCoin,News.com  Despite a very handsome CV littered with impressive names including Harvard Business School, Goldman Sachs and Baring Vostock Capital Partners, Peter Fedchenkov, founder of the INS Ecosystem, insists he is a grocer at heart and that the grocery trade is in his genes. His grandfather had a wholesale grocery business when, just after the collapse of the USSR in 1993, his retail distribution channels disappeared, As a result his grandfather was forced into selling groceries directly to consumers at small market stalls, Then he discovered the approach of placing ads in regional newspapers to sell goods directly to his customers; thereby creating an early mail-order grocery business where he no longer relied on the middle man. Four years ago Fedchenkov put his education and genes into practice, and co-founded Instamart in Moscow – an upgraded internet of things approach to his grandfather’s business. Today Instamart is the largest online grocery delivery business in Russia, with 100,000 orders processed every day. Instamart possesses no stock, warehouses or fleet but picks fresh produce to order from a number of key grocery outlets and ships it to the customer the same day. Compared to the UK where online food […]