Zomato to stop grocery delivery service from September 17

Zomato had launched the pilot grocery delivery service in July this year in select markets offering grocery delivery within 45 minutes to its customers.

published on : 12th September 2021

Grofers eyes 10-min delivery as Zomato puts in USD 100 million

The foray of Tata Group with a majority acquisition of Big Basket as well as the launch of JioMart by Reliance last year have consolidated the $2-billion industry.

published on : 18th August 2021

Competition Commission approves Zomato buying 9.3 per cent stake in Grofers India

Zomato, last month, said it has invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company looks to have more exposure to the online grocery segment.

published on : 13th August 2021

Grofers announces 33 per cent hike for tech team, ESOPs

The company was reportedly valued at $644 million in a Series F funding round led by a US-based asset management company Euler Firm.

published on : 22nd June 2021

Grofers co-founder Saurabh Kumar exits company, to remain Board member and shareholder

The development comes at a time when the SoftBank-backed company is looking at launching an initial public offering (IPO).

published on : 19th June 2021

Indian start-ups all set to tap the SPAC space for horizontal growth

Indian startups are following their counterparts in the US and Southeast Asia, which have been eyeing Nasdaq listings through billion-dollar SPAC deals.

published on : 17th June 2021