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GROFERS US LISTING
Swiggy’s Instamart now has over two million transacting usersInstamart specialises in grocery deliveries in 15-30 minutes. The pilot service was launched in August last year in Gurugram and Bengaluru....
Zomato may invest $500 million in Grofers to push its quick commerce playIf 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’s $500m bet on Grofers, Sebi's missive on IPO adsZomato, 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...
'We listed in India so our customers could own a part of us'Zomato cofounder and chief executive Deepinder Goyal spoke to ET's Digbijay Mishra and Samidha Sharma on life after Zomato’s IPO, stiff com...
CCI clears SoftBank’s $450-million investment in SwiggyThe funding is an extension of Swiggy’s $800-million round, which saw participation from investors such as Falcon Edge, Amansa Capital, Thi...
Grofers to turn unicorn with Zomato fundsTiger Global, investor in both Zomato and Grofers, will also participate in the $120 million funding round. The companies had explored a po...
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...
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 ...
ETtech Exclusive: Zomato may invest $100 million in Grofers as e-grocer shelves US IPO planZomato's investment is likely part of a larger financing round and may value the Gurugram-based online grocery firm at around $1 billion
Paytm shares IPO details, Twitter officials depose before panelFrom Paytm's IPO details to Grofers cofounder leaving the company and ShareChat's first ESOP buyback, here's a quick look at the top tech n...
Grofers cofounder Saurabh Kumar exits amid funding talks with ZomatoSaurabh Kumar tells us he is looking forward to building more fun and exciting things ahead. “Some things are cooking. We will have to wait...
Zomato reloadsIn today's ETtech Morning Dispatch: Zomato may invest in Grofers, India goes Dogecoin crazy and Government shuts real-time access to CoWin ...
Flipkart weighs US listing via SPAC merger but IPO much more likelyA traditional Flipkart IPO is much more likely, even as a growing number of Indian tech startups are considering the SPAC route to public m...
Flipkart considers US listing with SPAC as optionFlipkart is joining other Indian firms like online grocer Grofers in exploring a U.S. listing through SPAC deals.
SoftBank-backed Grofers weighs listing via US SPAC dealGrofers 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...
Pandemic gives Swiggy, Grofers, Amazon's hyperlocal models a new lease of lifeE-commerce companies and other delivery-based businesses are forging partnerships with physical stores to fulfil increased orders at a time...
‘Food-only’ play not so palatable for retailersThough 8 cos have filed applications to invest about $700 mn under food-only route, only a fraction of the amount said to have been investe...
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.
Indian entrepreneurs flying to China to pick up tips on expanding operationsEgged by their investors, a number of Indian entrepreneurs have been visiting their Chinese counterparts and coming back amazed.
Startups see big moolah in last-mile delivery in booming consumer market“Last mile is not just a requirement for just ecommerce companies but also for local retailers and we saw an opportunity in that space."