| Date | Title | Description |
| 25.02.2025 | Blinkit gets Rs 1,500-crore cash boost from Zomato | ETtechAlbinder Dhindsa, CEO, Blinkit and Deepinder Goyal, CEO, Zomato
India’s largest quick commerce platform Blinkit has received a Rs 1,500 crore fund infusion from its parent company Zomato, according to a regulatory filing made with the... |
| 17.01.2025 | Zomato infuses Rs 500 crore in quick commerce platform Blinkit | ETtechAlbinder Dhindsa, CEO, Blinkit and Deepinder Goyal, CEO, Zomato
Gurgaon-based Zomato has infused Rs 500 crore in its quick commerce business Blinkit, according to a regulatory filing made with the Registrar of Companies (RoC).
Read Mo... |
| 11.06.2024 | Zomato to invest Rs 400 Cr in Blinkit and Zomato Entertainment | Foodtech major Zomato is pumping Rs 300 crore ($36 million) in its quick commerce arm Blinkit. The infusion will help the platform to beef up its offering against two competitors: Swiggy Instamart and Zepto.
Besides Blinkit, Zomato is also ... |
| 29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
| 29.04.2024 | E-commerce market to hit $325 billion by 2030, rural India to lead growth | - |
| 25.04.2024 | Vegetable prices show mixed trends in Delhi despite heatwave rise | - |
| 17.04.2024 | Wider social security net on cards for unorganised sector workers | - |
| 04.03.2024 | Hyperlocal Services Market Booming Poised for Explosive Growth with 14.4% CAGR, Surpass $5.9 Trillion by 2031 | U.S. was the most prominent market in North America, and is projected to reach $ 2460.1 billion by 2031, growing at a CAGR of 13.5% during the forecast period.
The Pet Food and Medicines segment is estimated to witness the fastest growth, r... |
| 13.12.2021 | Zomato-backed Grofers rebrands itself as Blinkit | Advertisment
Albinder further added that Grofers has already processed over a million orders a week, across 12 cities in India, "and this is just a start."
https://twitter.com/albinder/status/1470245283514646528
The rebranded n... |
| 18.11.2021 | Zomato Reportedly in Talks to Invest as Much as $500 Million in Grofers | Zomato Limited (NSEI:ZOMATO) is in talks to invest as much as $500 million in grofers India Pvt Ltd., people close to the development told ET, making it the food delivery and restaurant platform's largest investment so far in a company. The... |
| 18.11.2021 | Dark stores light up red-hot grocery delivery market | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Nikita Puri · 18 Nov 2021 · 9 min readDark stores light up red-hot grocery delivery... |
| 27.10.2021 | Data Snapshot: Singapore, Turkey move up the agrifoodtech investment leaderboard in H1 2021 | Data Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
As any agrifoodtech observer would expect, the US was the out-and-out leader in terms of agrifoodtech i... |
| 09.07.2021 | Zomato Lowers Losses By 60% In FY21; Eyes Grocery Push After IPO | Zomato has reported narrower losses in FY2021 with 60% of its food delivery business recovering well after the pandemic last year, according to the company’s chief financial officer Akshant Goyal said at the company’s call related to its in... |
| 08.07.2021 | IPO-bound Zomato to foray into online groceries again, invests $100 mn in Grofers | Binu Paul 8 Jul, 2021
Zomato, which briefly dabbled with grocery delivery during the first phase of the Covid-19 pandemic, will soon relaunch the service on its platform, the company’s top executives said during a virtual press conference t... |
| 30.06.2021 | Grofers Becomes The 16th Indian Startup Unicorn of 2021 After Raising USD 120 million | Gurugram-based grocery delivery startup Grofers has reportedly entered the unicorn club, after raising $120 million from IPO-bound food delivery platform Zomato and Tiger Global. The duo has reportedly signed a deal, valuing Grofers at a li... |
| 30.06.2021 | Zomato, Tiger Global to invest USD 120 million in e-grocer Grofers | In a move that is set to intensify competition in India’s soon-to-be USD 25 billion e-grocery market, local food tech giant Zomato and American hedge fund Tiger Global have agreed to write a USD 120 million check for online grocery startup ... |
| 29.06.2021 | Done Deal! IPO-bound Zomato invests $120 million in Grofers | Albinder Dhindsa, Co-founder and CEO, Grofers
IPO-bound food delivery platform Zomato has signed off on its long-held plan to invest in online grocery startup Grofers, according to sources privy to the development. The deal comes at a time ... |
| 29.06.2021 | Grofers to turn unicorn after $120-million funding from Zomato, Tiger Global | ETtechIPO-bound Zomato is expected to file a proposal with the CCI this week seeking a nod for the Grofers investment.
Mumbai | Bengaluru: E-grocer Grofers has signed a deal with Zomato and Tiger Global to raise $120 million, sources aware ... |
| 19.06.2021 | Grofers Cofounder Saurabh Kumar Quits, To Continue As Board Member | Saurabh Kumar, cofounder of grocery delivery startup Grofers has left the company almost 8 years after setting it up along with Albinder Dhindsa.
In a statement on June 18, Grofers CEO Dhindsa said that Kumar will no longer be involved in d... |
| 18.06.2021 | Grofers cofounder Saurabh Kumar exits, says he wants to ‘wander again’ | Saurabh Kumar shared a farewell email with Grofers’ employees earlier today, hinting at another entrepreneurial journey.
He had founded Grofers’ along with Albinder Dhindsa back in 2013.
Grofers has reportedly been in talks with Zomato to r... |
| 09.05.2021 | Zomato Is Planning To Invest USD 100 million in Grofers | Food delivery app Zomato is in talks to invest around $100 million (Rs 736 crore) in Grofers, two people told ET, after discussions of a possible merger between the two fell through last year at the onset of the Covid-19 pandemic. Zomato’s ... |
| 07.05.2021 | Zomato may invest $100 million in Grofers as e-grocer scraps listing plan: Report | Zomato filed its DRHP with the market regulator on April 28, stating that will offer equity shares aggregating up to Rs 8,250 crore (nearly $1.1 billion).
Food delivery startup Zomato may invest $100 million in e-grocer Grofers after talks ... |
| 27.04.2021 | High-Stakes: SoftBank Vision Fund | High-Stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights into the portfolio of companies they’ve invested in, industries they focus on, and their investment proce... |
| 22.04.2021 | As India Readies For Covid Summer, Ecommerce Startups Brace For Spike In Demand | Infocus Covid19 Tech Impact
Latest updates & innovations, in-depth resources, live webinars and guides to help businesses navigate through the impact of the COVID19 pandemic on India's economy.
As the Covid-19 pandemic scales new height... |
| 24.02.2021 | Grofers eyes Nasdaq listing, may fetch more than $1 billion valuation | Grofers is in discussions with a few other SPACs as well for the listing (Representational image)
New Delhi: Online grocer Grofers is likely to list its shares on Nasdaq. The Economic Times citing sources mentioned in a report that the comp... |
| 15.02.2021 | BRIEF: Indian e-grocer Grofers said to seek SPAC deal after stalled acquisition talks | Grofers is considering a merger with a special purpose acquisition company (SPAC) that would allow it to ‘indirectly’ list on one of the US public markets, Bloomberg reports.
The Indian online grocer has appointed an adviser to assist with ... |
| 15.11.2020 | Grofers eyeing 4-fold rise in gross merchandise value at Rs 30K-cr by 2022 | - |
| 28.10.2020 | FreshToHome banks $121m in India’s ‘largest ever Series C funding for consumer tech’ | Indian e-grocer FreshToHome has raised $121 million in a Series C round led by UAE sovereign fund, the Investment Corporation of Dubai. The startup said the deal is the biggest fundraise at this stage for an Indian consumer tech company to ... |
| 19.10.2020 | SoftBank’s Son agitates for Southeast Asian food delivery mega-merger: report | SoftBank wants its portfolio company Grab to seal a merger with rival Southeast Asian ‘super app’ Gojek as quickly as possible, reports have suggested.
According to Bloomberg, SoftBank CEO Masayoshi Son is “stepping up pressure” on Grab co-... |
| 13.10.2020 | Walmart, Flipkart invest $30m in Indian farmer-to-business platform Ninjacart | India’s Ninjacart has announced a fresh injection of funding from US retail behemoth Walmart and and Indian e-commerce firm Flipkart.
While Ninjacart didn’t disclose financial details of the investment, the Economic Times reported it to be ... |
| 02.09.2020 | Google leads $28m Dunzo funding as Indian food e-commerce receives pandemic pickup | Investors are pouring more dollars into Indian food e-commerce as the industry continues to see heightened demand amid the country’s continuing Covid-19 crisis.
Bengaluru-based Dunzo has just raised $28 million in the first tranche of a new... |
| 05.08.2020 | SaaS platform Hevo nabs USD 8M in series A round | San Francisco-based, Software as a Service (SaaS) platform, Hevo, announced on 29th July, 2020, that it has secured USD 8 millions in series A financing round. The round was led by a Singapore based VC firm known as Qualgro and former Strip... |
| 19.05.2020 | SoftBank reports $24bn loss on startup investments, with agrifood performance unclear | SoftBank – one of the world’s most active agrifoodtech investors last year – has reported a ¥1.9 trillion ($17.7 billion) annual loss on its Vision Fund startup portfolio.
This staggering deficit from the Vision Fund – which SoftBank launch... |
| 22.04.2020 | Facebook’s $5.7bn Reliance Jio deal will make it an even bigger player in Indian agrifood | Facebook is investing ₹436 billion ($5.7 billion) in Reliance Jio, India’s largest mobile network operator, in a deal that will have significant implications for the Indian agrifood ecosystem.
The US tech giant is buying a stake of 9.99% in... |
| 07.04.2020 | BRIEF: SoftBank’s Masayoshi Son predicts bankruptcy for 15 Vision Fund portfolio cos | SoftBank CEO Masayoshi Son now believes that 15 of the startups in his company’s Vision Fund portfolio will go bankrupt – though he still thinks the VC mega-fund can make a positive return.
As part of its AI and robotics-focused mandate, th... |
| 27.03.2020 | Indian e-grocery unicorn Bigbasket acquires rival DailyNinja as Covid-19 lockdown comes into force | Bigbasket, one of India’s largest online grocery companies, has wholly acquired milk delivery app DailyNinja. Financial terms of the deal were not disclosed, though the Bengaluru-based buyer is rumored to have paid between $15 million and $... |
| 18.03.2020 | SoftBank-backed Grofers raises $5.8 mn from Singapore parent | Supriya Roy 18 Mar, 2020
Grofers India, the Gurugram-based company that owns and operates an eponymous online grocery marketplace, has raised $5.8 million from its Singapore-based parent company Grofers International.
The startup issued 330... |
| 17.03.2020 | Grofers India receives Rs 43 Cr from its parent entity | Grocery retailing is a high burn game and the players in this space need to raise capital frequently. While Bigbasket last raised equity capital in July 2019, Grofers has been receiving periodic fund infusions from its parent entity.
After ... |
| 12.03.2020 | Agrifoodtech is global: here’s a list of the top 15 deals outside the US in 2019 | The US still dominates investment in the agrifoodtech space, with 44% of all fundings last year taking place in the country. But while deal numbers and investment value actually decreased Stateside compared to 2018, other geographies picked... |
| 18.11.2019 | Grofers raises Rs 143 Cr from BCCL, receives Rs 321 Cr from parent entity | Grofers has a new investor onboard: media conglomerate Bennett Coleman & Company Limited.
According to regulatory filings with the RoC, Grofers has issued one share warrant worth Rs 142.75 crore and an equity share priced at Rs 13.05 la... |
| 20.08.2019 | Grofers secures $70m from SoftBank Vision Fund in ongoing Series F round | Premium
Indian online grocery startup Grofers has raised $70 million from Japan’s SoftBank Vision Fund as part of the ongoing $200-million Series F round, according to the company’s filings with the Registrar of Companies (RoC) sourced by p... |
| 19.08.2019 | Grofers receives $70 Mn Series F tranche from Softbank at $567 Mn valuation | Grofers International has received $70 million worth tranche as a part of Series F round from SVF Growth valuing the company at around $ 567.34 million. The latest tranche is a part of the $200 million round that was announced earlier this ... |
| 19.05.2019 | Online Grocery Startup Grofers Raises Over $200 Million | Grofers, an India-based online grocery startup, has raised over $200 million in Series F funding. This funding round was led by Japanese conglomerate SoftBank via the Vision Fund. South Korea-based KTB Ventures also joined this round along ... |
| 17.05.2019 | Funding Friday: Grofers Raises $200 Million | - |
| 15.05.2019 | Grofers raises USD 200 mn led by SoftBank Vision Fund for market expansion | -->
It has been previously reported that Grofers valuation stood at USD 600 million. |
| 15.05.2019 | Grofers gets $200 mn from SoftBank, others to continue fighting BigBasket | Grofers India Pvt. Ltd has raised $200 million (Rs 1,406 crore) in a new funding round led by SoftBank Vision Fund, marking a turnaround in its fortunes three years after it scaled down operations and sacked some employees.
The capital will... |
| 15.05.2019 | SoftBank leads $200 million investment in Grofers | Online grocery firm Grofers has raised over $200 million in a round led by existing investor SoftBank Vision Fund. The round also saw participation from a new investor - KTB - a South Korean investment firm. Other existing investors such as... |
| 15.05.2019 | Indian Delivery Startup Grofers Raises $200M From SoftBank | 11 Shares Email Facebook Twitter LinkedIn
SoftBank may be looking to raise another Vision Fund in the near future, but there’s still plenty of cash on-hand for it to make big bets now. Its latest deal? A $200 million Series F into India-bas... |
| 15.05.2019 | Online grocery startup Grofers lands $200M led by SoftBank’s Vision Fund | Hot on the heels of Indian delivery startup BigBasket raising $150 million — at a unicorn valuation, no less — so its close rival Grofers has also pulled in capital after it announced a $200 million raise to battle its local competition and... |
| 15.05.2019 | SoftBank leads $200 million funding in Grofers | Online grocery retailer Grofers on Wednesday said it has raised over $200 million (over Rs 1,400 crore) in funding, led by SoftBank Vision Fund.
The series F funding saw participation from new investor, KTB, and existing investors, Tiger Gl... |
| 06.05.2019 | Grofers plans on doubling sales to Rs 5,000 cr by FY20; eyes IPO in 3 yrs | -->
Grofers works closely with 4,000-5,000 small merchants who help the company fulfill its orders. |
| 01.03.2019 | Grofers raises $60 million; valuation jumps to $425 million: Report | Japan's SoftBank Vision Fund (SVF), Tiger Global and Sequoia Capital have pumped in around $60 million in fresh capital in the online grocery delivery startup, Grofers, pushing its valuation to $425 million, according to a report by The Fin... |
| 01.03.2019 | As The Delivery Wars Heat Up, Grofers Snags $60M More For Groceries In India | 20 Shares Email Facebook Twitter LinkedIn
Grofers, an India-based startup that delivers grocery staples, has raised $60 million from SoftBank Vision Fund, upping its valuation to $425 million, according to the Economic Times.
The Series F i... |
| 28.02.2019 | Grofers raises $60 Mn in Series F round at $425 Mn valuation from SoftBank | Private label focused online grocery platform Grofers has raised $60 million fresh funds in Series F round from SoftBank Vision Group. The investment appears to be a part of $120-140 million round that the Gurguram-based company is eying to... |
| 16.03.2018 | Softbank responds to Alibaba investment in Bigbasket, leads $62 Mn round in Grofers | Game of online grocery is getting intensified in India with every passing day. After Bigbasket, Grofers has raised about $62 million (Rs 400 crore) from existing investors. Softbank leads the round and increased its holding to 35 to 40 per ... |
| 16.03.2018 | Grofers Raises Rs 400 Crore In A Round Led By SoftBank
Grofers Raises Rs 400 Crore In A Round Led By SoftBank | Online grocer Grofers raised Rs 400 crore in a fresh round led by Japan’s SoftBank Group Corp at a lower valuation, signalling increasing competition with rivals like BigBasket, Flipkart Ltd. and Amazon.com Inc.
Other investors including Ti... |
| 16.03.2018 | Grofers raises $62 million from SoftBank, others | Online grocery delivery firm Grofers on Friday announced a fund raise of USD 62 million in a round led by the existing investor SoftBank Group.
Other investors such as Tiger Global and Apoletto Asia also participated in the funding round.
T... |
| 16.03.2018 | SoftBank leads $62 mn funding round in Grofers at lower valuation | Gurgaon-based online grocery startup Grofers India Pvt. Ltd has raised Rs 400 crore (around $62 million) in a Series E round led by existing investor Japanese Internet conglomerate SoftBank.
The company said in a statement that existing inv... |
| 16.03.2018 | SoftBank leads $62m round in Indian online grocer Grofers: Report | Premium
Online grocer Grofers is raising a Rs 400-crore ($62 million) funding round led by existing investor SoftBank, which is looking to increase its shareholding to 35-40 per cent in the Indian company, according to a Times of India repo... |
| 21.02.2018 | Grofers likely to raise $65 million; Sequoia Capital may not participate in funding round | Gurugram-based online grocery startup Grofers is in talks to raise around USD 60-65 million from its existing investors in a funding round, sources told Mint.
The valuation of the online grocery store may drop by over 40 percent,they added.... |
| 22.01.2018 | Softbank leads $120 m funding in Grofers | The Shardul Amarchand Mangaldas & Co team was involved in all legal aspects of the transaction
Grofers, a quick-delivery service for groceries and electronics, has raised $120 million (₹800 crore) led by Japan’s SoftBank Corp. Shardul A... |
| 25.10.2017 | To counter BigBasket, Grofers raises Rs 96 Cr from parent company | Gurugram-based online grocer, Grofers India, has raised Rs 96 crore from its Singapore-based parent company Grofers International, according to the company’s RoC filing. The company allotted 269 shares at Rs 1,184,376.62 apiece and 542 shar... |
| 27.07.2017 | Grofers gets DIPP approval for food license, plans to invest $40 Mn | After Amazon India, on-demand online grocery firm Grofers has received DIPP (Department of Industrial Policy and Promotion) approval for food retail in India. Following the nod from the government, the Gurugram based company intends to inve... |
| 25.04.2016 | After struggling with rising costs, Sequoia-backed PepperTap pivots from grocery deliveries to e-commerce logistics | Times are getting tougher for food delivery startups in India. Over the weekend, PepperTap—which has raised more than $50 million from backers including Sequoia Capital and SAIF Partners—announced that it will shut its grocery delivery busi... |
| 24.03.2016 | Abraaj Leads $150m Series D for BigBasket as Bubble Grows and Instacart Finds Profit | Investment in food e-commerce companies shows no signs of abating after Indian e-grocer BigBasket raised a whopping $150 million in a Series D round led by The Abraaj Group, a high-profile global private equity firm. The round attracted som... |
| 22.03.2016 | BigBasket wraps up $150M for food delivery in India | Like an Instacart for India, BigBasket hopes to expand into even more cities across the region
Food tech may be a tough space, but that doesn’t mean it’s impossible to do well in.
BigBasket, an online grocery shopping platform in India, ann... |
| 05.01.2016 | Tao Capital Leads Final Agtech Fundings of 2015 with $8m Investment in Cannabis Tracking Software | Tao Capital Partners Invests in $8m MJ Freeway Series B
Legal cannabis seed-to-sale tracking software provider MJ Freeway closed an $8 million Series B round with commitments from family office Tao Capital Partners and Elevation Partners’ c... |
| 03.12.2015 | India: Online grocery retailer BigBasket close to raising $120m from Sands Capital, IFC | Premium
Online grocery retailer BigBasket is very close to raising $120-million (about Rs 800 crore) as part of its latest funding round to take on rivals Grofers and PepperTap, as per a report in The Economic Times.
Continue reading this s... |
| 27.11.2015 | Daily funding roundup - November 27, 2015 | Grofers snapped up $120M; Sigma Pensios raised $62M; GOQii secured $13.4M funding
Savedo, a Berlin, Germany-based online financial marketplace that allows European savers to invest in safe term deposits within the EU, raised funding from HW... |
| 27.11.2015 | Grofers raises $120 million in fresh funds | Softbank is expected to take 20-30% stake in Grofers, according to a source.
Photo: Ramesh Pathnia/Mint
Grofers raises $120 million in fresh funds 2 min read . Updated: 27 Nov 2015, 01:56 AM IST Shrutika Verma
Grofers raises the funds from ... |
| 26.11.2015 | Indian delivery startup Grofers raises $120m from SoftBank, Yuri Milner | Premium
Gurgaon-based hyperlocal delivery start-up Grofers, run by Grofers India Pvt. Ltd, said on Wednesday that the company has raised $120 million in fresh funds largely from Japan’s SoftBank Corp. Russian entrepreneur and venture capita... |
| 26.11.2015 | Grofers raises $120M from SoftBank, Tiger Global and others | Locodel Solutions Pvt Ltd, which runs hyperlocal grocery and fresh food delivery platform Grofers, has raised $120 million (Rs 780 crore) in fresh funding led by Japanese internet conglomerate SoftBank Corp.
Existing investors Apoletto Mana... |
| 26.11.2015 | India’s Grofers Grabs $120M To Bring Offline Merchants Into The On-Demand World | The race for on-demand delivery services in India is on, and today one of the bigger startups in the market has picked up a large cash injection as it goes for pole position. Grofers, an Instacart-style app that links up with local, offline... |
| 07.10.2015 | India: Grofers in early talks to raise $120m in fresh capital | Premium
Delhi-based hyper-local delivery start-up Grofers, run by Locodel Solutions Pvt. Ltd, is in early talks to raise $120 million in fresh capital largely from Japan’s SoftBank Corp. and Russian entrepreneur and venture capitalist Yuri ... |
| 13.08.2015 | BigBasket, One Of India’s Largest Online Grocers, Raises $50M | BigBasket.com, one of the biggest online grocery stores in India, is planning to expand into more cities after raising $50 million in new funding led by Bessemer Venture. Founded in 2011, the company is facing competition from upstarts like... |
| 30.07.2015 | Chaldal Wants To Become The Amazon Fresh Of Bangladesh’s Capital | Dhaka, the capital of Bangladesh, is one of the densest cities in the world. Since real estate is at a premium, stores are often tiny and carry very limited inventory. Chaldal‘s goal is to give customers the experience of shopping in a big-... |
| 13.07.2015 | Сделки недели: Новости российского венчурного рынка с 6 по 12 июля Статьи редакции | Еженедельная подборка новостей о российском венчурном рынке за прошедшие семь дней.
6 июля
Оператор МТС объявил о начале отбора стартапов в области мобильных финансовых приложений для того, чтобы интегрировать их в свои платежные сервисы. К... |
| 12.07.2015 | Support Center Software Ameyo Nabs $5M To Expand Into The U.S. | Ameyo, a Gurgaon-based startup that makes software for customer support and sales centers, has raised a Series A of $5 million from Forum Synergies. The company, which already has customers throughout Asia, the Middle East, and Africa, plan... |
| 05.06.2015 | On-Demand App Jugnoo Gets $5M To Bring India’s Auto Rickshaws Online | Auto rickshaws have been a staple in Indian cities for decades. Now a company called Jugnoo wants to make it easy to hail them on smartphones. The Chandigarh-based startup just received $5 million Series A led by Snow Leopard, with particip... |
| 04.06.2015 | India’s Zopper, An On-Demand Marketplace For Bulky Items, Scores $20M Series B | Hyperlocal e-commerce services, which deliver products to customers within hours, are a hot sector in India right now. Zopper, which focuses on large products like home appliances, is the latest to score a significant round of funding. Its ... |
| 17.04.2015 | Funding roundup - week ending 4/17/15 | Sprig, Planet Labs, Courion, NEA, Ascend, Snaps, Acorns, Skyport, 99designs, Adallom, Ticketbis, Ola
Seed stage
Financial technology startup Ascend Consumer Finance raised $1.5 million in seed funding, The round was led by Mucker Capital, w... |
| 15.04.2015 | Online marketplace for local grocery delivery Grofers raises $35M in Series B round | Locodel Solutions Pvt. Ltd, which runs hyper-local grocery and fresh food delivery platform Grofers, has raised $35 million (Rs 218 crore) from its existing investors Tiger Global Management and Sequoia Capital, the company said on Wednesda... |
| 14.04.2015 | On-Demand Delivery Service Grofers Picks Up Additional $35M From Tiger And Sequoia To Expand In India | Less than two months after raising a $10 million Series A from Sequoia Capital and Tiger Capital, on-demand, Grofers, an Indian startup that provides quick delivery of products from local brick-and-mortar merchants, has scored another $35 m... |
| 13.04.2015 | Online grocer ZopNow raises $10M from Dragoneer, existing investors | Bangalore-based ZN Retail Pvt Ltd, which runs online grocery property ZopNow, has raised $10 million (Rs 62 crore) in a fresh round of funding led by San Francisco-based Dragoneer Investment Group with participation from the existing invest... |
| 02.03.2015 | Grofers Raises $10M Series A Funding | Grofers, a Gurgaon, India-based express delivery marketplace, raised $10m Series A funding.
The round from existing investor Sequoia Capital and new investor Tiger Global.
The company intends to use the funds to further strengthen the techn... |
| 27.02.2015 | On-demand logistics services startup Grofers raises $10M from Tiger, Sequoia | Gurgaon-based Locodel Solutions Pvt Ltd, the company behind Grofers, a mobile-based platform that connects offline retailers with consumers, has raised $10 million (Rs 62 crore) in its Series A round of funding from Tiger Global and existin... |
| 27.02.2015 | Funding roundup - week ending 2/27/15 | Iotera, Knowmail, Getable, Xero, Twenty20, Metamarkets, Leankor, Branch Metrics, Silent Circle,
Seed stage
Iotera, a real-time GPS tracking device that can be used to track a whole host of things, raised a $1 million round of seed funding r... |
| 26.02.2015 | Grofers, An On-Demand Delivery Service For Indian Cities, Raises $10M From Sequoia And Tiger Global | Large marketplaces like Flipkart, Snapdeal, and Amazon are benefitting as India turns into one of the world’s fastest-growing e-commerce markets, but many brick-and-mortar stores are missing out on the boom. A startup called Grofers wants t... |
| 08.12.2014 | On-demand logistics services startup Grofers raises seed funding from Sequoia | Gurgaon-based Locodel Solutions Pvt Ltd, the company behind Grofers, an online platform that connects offline retailers with customers, has received an undisclosed amount in seed funding from Sequoia Capital. The funds will be used to enhan... |
| - | Grofers Nets $200 Mn In Funding Led By SoftBank, Existing Investors | Gurugram-based online grocery startup Grofers has raised a $200 Mn Series F funding round led by SoftBank Vision Fund. The company also raised capital from existing investors Tiger Global and Sequoia Capital as well as new investor KTB. The... |
| - | #StartupsVsCovid19: How Startups Have Kept India’s Essential Delivery Partners Safe | Infocus Covid19 Tech Impact
Latest updates & innovations, in-depth resources, live webinars and guides to help businesses navigate through the impact of the COVID19 pandemic on India's economy.
In the last month, a lot has been changed ... |
| - | Zomato To Invest $100 Mn In Grofers To Back Grocery Delivery Ambitions | Food delivery giant Zomato may invest $100 Mn in online grocery startup Grofers after talks of a possible merger between the two fell through last year.
IPO-bound Zomato’s investment is likely part of a larger financing round and may value ... |
| - | After Amazon, Grofers Gets DIPP Nod For Food Retail; Commits $40 Mn For Expansion | Gurugram-based hyperlocal online grocery delivery startup Grofers has received the final approval from the DIPP for food retail. The DIPP approval will allow Grofers to undertake retail trading in food products manufactured and/or produced ... |
| - | Exclusive: BigBasket To Enter QCommerce Bandwagon With ‘BBNow’ | India’s largest e-grocery BigBasket is currently developing quick commerce (qCommerce) product ‘BBNow’ which will focus on grocery delivery within 18-20 minutes within hyperlocal geography, a source close to the development told Inc42.
BBNo... |
| - | Grofers Plans $15 Mn Investment To Meet Surging Demand | Online grocery platform Grofers is looking to invest $50 Mn to strengthen its supply chain and private label category over the next two years.
For 2020, Grofers has set aside $15 Mn for private labels as the company believes that it could c... |
| - | Grofers Raises $24.2 Mn From Its Singapore-Based Entity, Capital investment LLC | Gurugram-based online grocery delivery startup Grofers has received an infusion of INR 97.58 Cr (around $14.2 Mn) from its Singapore-based entity, Grofers International.
With this investment, Grofers International has been allotted 812 equi... |
| - | Grofers Nears $120 Mn Funding Deal From Zomato At Valuation Of $1 Bn | Food delivery giant Zomato has finalised an investment of $120 Mn into grocery delivery startup Grofers after talks of a possible merger between the both companies fell through earlier this year.
According to a report by Moneycontrol, Grofe... |
| - | Funding Galore: Startup Funding Of The Week [23Feb – 28Feb] | In the fervor of funding from National and International investors India is enjoying the boost of startup ecosystem in investors lap. This week, in total 13 startups grabbed more than $45 Mn in funding. (This is based on startups that discl... |
| - | Grofers To Enter Unicorn Club With $120 Mn Infusion From Zomato | Food delivery giant Zomato has finalised an investment of $120 Mn into grocery delivery startup Grofers after talks of a possible merger between the both companies fell through earlier this year.
According to a report by Moneycontrol, Grofe... |
| - | Grofers Cofounder Saurabh Kumar Quits, To Continue As Board Member | Saurabh Kumar, cofounder of grocery delivery startup Grofers has left the company almost 8 years after setting it up along with Albinder Dhindsa.
In a statement on June 18, Grofers CEO Dhindsa said that Kumar will no longer be involved in d... |
