Zomato to acquire Blinkit for Rs 4,447 crore in all-stock dealZomato said it would acquire up to 33,018 equity shares of Blink Commerce Pvt Ltd from its shareholders for a total purchase consideration ...
24 Jun, 2022, 08.21 PM IST
Zomato’s Deepinder Goyal transfers his Blinkit shares to Tiger GlobalThe share transfer comes as Zomato is ramping up its investment in Blinkit (formerly Grofers), after abandoning its plans to enter the e-gr...
04 Feb, 2022, 09.21 AM IST
Competition Commission approves Zomato buying 9.3 pc stake in Grofers IndiaZomato, last month, said it has invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company loo...
13 Aug, 2021, 07.09 PM IST
Grofers, Zomato and the big online grocery battleIn today’s ETtech Morning Dispatch: Grofers set to become a unicorn with Zomato and Tiger Global funding, Restaurants are looking beyond Sw...
30 Jun, 2021, 01.55 AM IST
Grofers set for unicorn clubFrom Grofers eyeing an entry to India's startup unicorn club to the rise of Thrasio-like startups and Twitter facing another FIR, here's a ...
29 Jun, 2021, 07.44 PM IST
Zomato reloadsIn today's ETtech Morning Dispatch: Zomato may invest in Grofers, India goes Dogecoin crazy and Government shuts real-time access to CoWin ...
07 May, 2021, 08.10 AM IST
SoftBank, others may pump $55-$60 million into Grofers to help fight bigger rivalsValuation to remain flat as competition heats up in grocery e-tailing sector
13 Nov, 2020, 05.00 AM IST
Big brands unmask a hot new sales categoryAmazon and Flipkart have asked apparel brands and suppliers to up their production of masks. For apparel companies, this huge demand for ma...
10 Apr, 2020, 07.35 AM IST
Grofers sees 5x jump in sales, starts financial year in a good noteThe firm claims to have started the new financial year on a positive note by clocking Rs 7.8 crore in sales on day one of the new financial...
03 Apr, 2018, 08.42 AM IST
SoftBank, Tiger back Grofers with Rs 400 croreGrofers confirmed the development to TOI and said it had turned profitable in Delhi on a per-order basis, after having gone through a tough...
16 Mar, 2018, 03.03 PM IST
Government gives nod to 10 FDI proposals worth Rs 5,000 croreGrofers is likely to bring in Rs 160 crore while Supermarket Grocery is investing Rs 105 crore and subsequently bringing in Rs 800-1,000 cr...
25 Aug, 2017, 12.17 AM IST
Grofers India seeks govt approval for FDI in food tradingThe government recently permitted 100% FDI under government approval for trading, including through e-commerce, in respect of food products...
14 Sep, 2016, 03.04 PM IST
Startups begin to renege on offers; Ola, Snapdeal absent from placementsA few months after Indian startups set records in hiring from premier engineering and management schools, some have begun to renege on thei...
10 Mar, 2016, 10.32 AM IST
BigBasket set to close Rs 800 crore fundingBigBasket’s valuation was pegged at Rs 2,100 crore, or about $320 million, ahead of the transaction, show filings submitted to the ministry...
03 Dec, 2015, 03.35 PM IST
Eyeing less taxing space, Online grocery delivery company Grofers shifts base to SingaporeThe restructuring at Grofers is expected to facilitate faster fund-raising as its institutional investors are based overseas.
22 Sep, 2015, 04.09 AM IST
On-demand delivery: How startups are making money as they challenge established firmsIn India’s hottest ecommerce segment -on-demand delivery - a slew of startups are bagging tonnes of money as they challenge the established...
24 Apr, 2015, 03.03 AM IST
Startups eye delivery space: Young firms like Delyver, Grofers deliver a whole range of servicesA customer can log on to their respective smartphone app or website for placing orders from listed local stores and restaurants.
10 Jan, 2015, 07.31 PM IST