Instamart specialises in grocery deliveries in 15-30 minutes. The pilot service was launched in August last year in Gurugram and Bengaluru....

Zomato’s share price rose to a high of Rs 161.85 on the National Stock Exchange as against the previous close of Rs 156.55.

If the deal goes through it will be the largest investment for the food delivery platform. The new round, likely to value Grofers at $1.5 b...

Zomato, which has twice tested—and aborted—its own grocery delivery service since the start of the pandemic, is now in talks to invest up t...

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...

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

Saurabh Kumar tells us he is looking forward to building more fun and exciting things ahead. “Some things are cooking. We will have to wait...

A traditional Flipkart IPO is much more likely, even as a growing number of Indian tech startups are considering the SPAC route to public m...

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...

This is a major step towards diversification and a move to keep demand high at a time when most businesses are registering a slowdown. Onli...

The cash delivery service, open to all back account holders. has started today across Mumbai, Gurgaon and Bengaluru. Other cities will be a...

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

The restructuring at Grofers is expected to facilitate faster fund-raising as its institutional investors are based overseas.

Grofers will launch services in Hyderabad and Pune, in addition to being present in Mumbai, Delhi and Bengaluru.

A customer can log on to their respective smartphone app or website for placing orders from listed local stores and restaurants.