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June 29, 2021 06:29 pm GMT

Zomatos $100 million investment to turn Grofers into a unicorn

Indian food delivery giant Zomato, which is working to explore the public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about 10% stake in the seven-year-old startup, according to a source and multiple others familiar with the matter. The proposed investment values Grofers, which counts SoftBank […]

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