market research agencies in mumbai
27 Jul 2021

Zomato plans fresh Grofers investment

Grofers is also seeing increased interest from global investors amid soaring demand for online deliveries.(MINT)
Zomato Ltd is set to double down on the online grocery market. The food delivery platform, which went public last week, will lead a ?3,500 crore ($470 million) investment in Grofers, which turned unicorn recently, two people directly aware of the development said.
Several global investors will join Zomato in investing in Grofers, the people said, requesting anonymity. Zomato invested $100 million in Grofers about a month ago for a 9.3% stake, valuing the online grocer at more than $1 billion.

market research consulting company
market research agency in delhi

Schedule a demo and leverage our revolutionary platform!

We enable the power of deep primary and secondary data sets + wide people network

Join 1Lattice Expert Platform

Become part of Asia’s biggest community of curated top 1% decision-makers

Anything else you would like us to know before we reachout?

We use cookies to improve your website experience. By navigating our site, you agree to allow us to use cookies, in accordance with our Cookie Policy