Latest


Grofers raises Rs 400 cr from SoftBank Group

  •   Fri, Mar 16 2018 02:57:40 PM

New Delhi, Mar 16 (IANS): Online supermarket platform Grofers on Friday said it has raised Rs 400 crore in a fresh funding round led by Japanese conglomerate SoftBank Group.

A significant amount of investment will go towards building infrastructure and technology and efficient supply of chain management to achieve deeper penetration in existing Grofers cities, it said.

The e-grocery company said it has raised a total of $226.5 million in the funding round which also saw other investors, including Tiger Global and Apoletto Asia.
  

Top Stories


Leave a Comment

Title: Grofers raises Rs 400 cr from SoftBank Group



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like