Grofers
Zepto, a 10-minute grocery delivery app, raises $200 million at $900 million valuation
Instant grocery startup Zepto has raised $200 million in a new financing round as it looks to expand its 10-minute delivery service to more cities in India and grow its network of dark stores. Existin
Zomato and Blinkit reach agreement for merger
Food delivery firm Zomato and instant delivery service Blinkit have reached an agreement for a merger, a source familiar with the matter told TechCrunch. The all-stock deal values Blinkit between $700
Zepto, a 10-minute grocery delivery app in India, raises $60 million
Two 19-year-old entrepreneurs, who previously collaborated on a number of projects including a ride-hailing commute app for school kids and left Stanford last year to pursue a new startup, said on Sun
Zomato’s $100 million investment to turn Grofers into a unicorn
Updated at 12.05 PM IST, July 1: Zomato is seeking approval of the Competition Commission of India to acquire a 9.3% stake in Grofers, according to a Thursday filing with the Indian regulator. Our ori
Tata Group reaches agreement to buy majority stake in BigBasket
Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, two sources familiar with the matter told TechCrunch. The salt-to-software gi
From India’s richest man to Amazon and 100s of startups: The great rush to win neighborhood stores
After spending more than a decade disrupting the neighborhood stores in the U.S. and several other markets, Amazon and Walmart are employing an unusual strategy in India to face off this competitor: F
JioMart, the e-commerce venture from India’s richest man, launches in 200 cities and towns
The rationale behind the deluge of dollars flooding into billionaire Mukesh Ambani’s Reliance Jio Platforms is beginning to become more clear as his e-commerce venture JioMart starts rolling out to
Indian online grocery startup BigBasket raises $60M
Indian grocery startup BigBasket has raised $60 million as it scales its business in the country to meet growing demand from customers stuck at home. Alibaba and other existing investors including Mir
India’s Milkbasket in talks to raise over $50M
Milkbasket, a Gurugram-based micro-delivery startup, is in talks to close a new financing round as it looks to expand its footprint in the milk, grocery, fruit and vegetable delivery market that has a
Amazon, reeling from recent regulatory hurdles, pumps $404M into its India business
Following months-long intense regulatory setback in India, Amazon is moving back to spending big bucks to grow its business in the world’s second largest internet market. Amazon has infused Rs 2,999
Key Vision Fund investors are reportedly lukewarm on a second fund
SoftBank shook up the venture capital world with its unprecedented $100 billion Vision Fund, and the speculation continues around its follow-up. The fund hasn’t quite closed $100 billion —
Online grocery startup Grofers lands $200M led by SoftBank’s Vision Fund
Hot on the heels of Indian delivery startup BigBasket raising $150 million — at a unicorn valuation, no less — so its close rival Grofers has also pulled in capital after it announced a $2
Grocery startup BigBasket becomes India’s newest unicorn with new $150M investment
India has a new unicorn after BigBasket, a startup that delivers groceries and perishables across the country, raised $150 million for its fight against rivals Walmart’s Flipkart, Amazon and hyperlo
Indian Hyperlocal Delivery Startup Grofers Pulls Out Of 9 Cities
Grofers, the Indian on-demand delivery service startup backed by top investors, confirmed today that it has stopped operating in nine cities as first reported in Inc42.
India’s Grofers Grabs $120M To Bring Offline Merchants Into The On-Demand World
The race for on-demand delivery services in India is on, and today one of the bigger startups in the market has picked up a large cash injection as it goes for pole position. Grofers, an Instacart-
On-Demand Delivery Service Grofers Picks Up Additional $35M From Tiger And Sequoia To Expand In India
Less than two months after raising a $10 million Series A from Sequoia Capital and Tiger Capital, on-demand, Grofers, an Indian startup that provides quick delivery of products from local brick-and-mo
Grofers, An On-Demand Delivery Service For Indian Cities, Raises $10M From Sequoia And Tiger Global
An Indian startup called Grofers wants to help local shops take advantage of the e-commerce boom by not only providing them with a mobile platform for their inventory, but also facilitating on-demand