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INDUSTRY FIRST

Grofers To Turn Unicorn After $120-Million Funding From Zomato, Tiger Global

Jun 29, 2021•about 4 years ago

Bengaluru

Description

Mumbai | Bengaluru: E-grocer Grofers has signed a deal with Zomato and Tiger Global to raise $120 million, sources aware of the matter said. The new funding will value the Gurugram-based startup at a little over $1 billion, as it joins a growing pool of Indian companies in the coveted unicorn club.

Company Information

Company

E Grocer Grofers

Location

Bengaluru, Karnataka, India

About

Online Grocery Shopping : Choose from a wide range of grocery, baby care products, personal care products, fresh fruits & vegetables online. Pay Online & Avail exclusive discounts on various products @ India's Best Online Grocery store. ✔ Best Prices & Offers ✔ Cash on Delivery ✔ Easy Returns

Company News

(10 articles)

Thu, 26 Apr 2018 07:00:00 GMT

Why India’s Online Grocery Battle Is Heating Up - Knowledge at Wharton

Fri, 28 Oct 2022 09:42:45 GMT

India’s coronavirus lockdown has given online grocers the opportunity of a lifetime - Quartz

Tue, 14 Mar 2017 07:00:00 GMT

Grofers and Sodexo Partner to Delight Customers - PR Newswire

Mon, 13 Dec 2021 08:00:00 GMT

Grofers rebrands as Blinkit with quick commerce space heating up - Mint

Wed, 10 Mar 2021 08:00:00 GMT

BigBasket’s ingenious journey to crack India’s complex e-grocery market - KrASIA

Mon, 17 May 2021 07:00:00 GMT

E-grocery platform Grofers unveils its new logo - Indian Television Dot Com

Mon, 13 Dec 2021 08:00:00 GMT

Goodbye Grofers, hello Blinkit; Indian startups’ tax woes - The Economic Times

Fri, 24 Jun 2022 07:00:00 GMT

Timeline: How Grofers evolved into a Zomato subsidiary called Blinkit - YourStory.com

Fri, 13 Aug 2021 07:00:00 GMT

Zomato-Grofers deal gets CCI nod; e-grocer could be the next unicorn - Entrackr

Mon, 17 May 2021 07:00:00 GMT

Grofers gets a new logo - afaqs!

FundzWatch™ Score

63

Medium Activity