Zomato said it would acquire up to 33,018 equity shares of Blink Commerce Pvt Ltd from its shareholders for a total purchase consideration ...

The loan will be given to Grofers India Pvt Ltd (GIPL), Blinkit’s Indian entity, at an interest rate of 12% a year for a tenure of not more...

Zomato, last month, said it has invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company loo...

Competition Commission of India has approved the “proposed acquisition by Zomato of approximately 9.3% stake in Grofers India and [Hands on...

Tiger Global, investor in both Zomato and Grofers, will also participate in the $120 million funding round. The companies had explored a po...

Zomato's investment is likely part of a larger financing round and may value the Gurugram-based online grocery firm at around $1 billion

SoftBank Vision Fund-backed Grofers is expected to raise between $400 million and $500 million through the Nasdaq listing in May at a valua...

Grofers is weighing a plan to go public in the US through a merger with a special purpose acquisition company (SPAC) at a valuation of $1 b...

While Grofers, BigBasket, Milkbasket, Amazon and Flipkart are engaged in a pitched battle for consumer loyalty, Mukesh Ambani’s JioMart and...

Online retailer Paytm Mall has held talks with e-grocer Grofers for a potential investment, multiple people in the know told ET, adding tha...

They will mostly be engaged in 15 new warehouses and help increasing its delivery staff strength.

There were 48 PE deals worth USD 1.138 billion in May 2019.

SoftBank’s move to further invest in Grofers also puts on hold the on-again, off-again merger talks it has held with bigger rival, Alibaba-...

Grofers chief executive Albinder Dhindsa confirmed the move, but declined to share further details.

Redstone Consultancy filed a case against Grofers India Pvt Ltd for “passing off” and using a similar sounding name to confuse consumers in...

Grofers is making these acquisitions primarily for the teams with no significant cash or equity being exchanged, an executive from the co s...

It just started operations in Bengaluru, while My Green Box is currently processing 200 orders every day in Gurgaon where it is operational.