Grofers
Consumer
Manipal scion, private equity veteran set up SPAC eyeing consumer firms
Private equity veteran Rohan Ajila and Manipal Group chairman Gautham Pai have set up a special purpose acquisition vehicle (SPAC) ......
TMT
PharmEasy snaps up bankers for India IPO, keeps indirect listing option open
PharmEasy has snapped up two banks to go public in India via an initial public offering (IPO), three people said ......
General
Grapevine: Zomato to invest in Grofers; Buyers shortlisted for govt stake in SCI
Food delivery unicorn Zomato is looking to invest about $100 million (Rs 736 crore) in Grofers as the online grocery ......
Markets
Explained: The pros and cons of a SPAC listing for Indian firms
The proposed listing of ReNew Power on Nasdaq via a blank cheque firm has opened the door for multiple other ......
General
Grapevine: CPPIB places pre-conditions for SB Energy deal; Grofers eyes indirect US listing
Canada Pension Plan Investment Board (CPPIB) has placed several pre-conditions to acquire the 80% stake held by Japan’s SoftBank in ......
TMT
Flipkart to re-apply for food retail licence after govt rejects proposal
Walmart Inc's Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after ......
General
Grapevine: Paytm Mall eyes stake in Grofers; RIL's retail arms serve exit notice to Nexus Malls
Online retailer Paytm Mall is in talks with e-grocer Grofers India Pvt. Ltd for a potential investment or a merger, ......
General
Grapevine: Byju's valuation may bump up to $10 bn; Grofers to raise funding
Think and Learn Pvt. Ltd, which operates ed-tech platform Byju’s, is in talks to raise up to $400 million (Rs ......
General
Grapevine: Zomato eyes Grofers; Donna FMCG raises funding from CanQbate50
Food delivery and restaurant discovery platform Zomato is in talks to acquire grocery e-tailer Grofers, Entrackr first reported citing people ......
TMT
E-commerce companies face disruption as India locks down to curb coronavirus
E-commerce and online groceries faced disruption to their warehouse and delivery operations in India on Monday as dozens of cities ......
