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Grofers

Grofers rebrands to Blinkit as quick commerce space heats up

Consumer

13 December, 2021

Grofers rebrands to Blinkit as quick commerce space heats up

E-grocery unicorn, Grofers has rebranded itself to Blinkit, as the company places big bets on the quick commerce or 10-minute ......

Zomato invests in Curefit, Shiprocket, magicpin; parks $1 bn to invest in startups

Consumer

10 November, 2021

Zomato invests in Curefit, Shiprocket, magicpin; parks $1 bn to invest in startups

Online food aggregator Zomato Ltd. has signed definitive agreements to invest $75 million for an 8% stake in Bigfoot Retail ......

Zomato shelves consumer e-grocery plans; relies on investment in Grofers

Consumer

12 September, 2021

Zomato shelves consumer e-grocery plans; relies on investment in Grofers

Food delivery major, Zomato Ltd., said on Sunday it has shelved plans to operate in the consumer grocery delivery segment ......

Late-stage tech deals' average ticket size hits record high

Finance

08 September, 2021

Late-stage tech deals' average ticket size hits record high

Big ticket late-stage technology funding deals have dominated India's startup ecosystem this year, propelling the average ticket size to a ......

Premium
Weekly Deals Wrap: Deal value slips but tech startups Delhivery, Grofers hog spotlight

TMT

27 August, 2021

Weekly Deals Wrap: Deal value slips but tech startups Delhivery, Grofers hog spotlight

Deal value across private equity, venture capital and mergers and acquisitions (M&As) fell for the second week in a row ......

Premium
Grofers hits unicorn status, targets express deliveries under 10 minutes

TMT

23 August, 2021

Grofers hits unicorn status, targets express deliveries under 10 minutes

Grofers became the 25th startup to enter India’s unicorn club this year after recently getting over $120 million from food ......

Zomato to shut American operations in bid to sharpen India focus

TMT

20 August, 2021

Zomato to shut American operations in bid to sharpen India focus

Food-technology platform Zomato has said it will be shutting the business of Zomato USA LLC (ZUL). The Gurugram-based company said that ......

SIG, Omidyar, others invest $10.2 mn in agritech platform Otipy

TMT

19 July, 2021

SIG, Omidyar, others invest $10.2 mn in agritech platform Otipy

Riding on pandemic tailwinds, agritech startup Crofarm Agriproducts has raised a $10.2 million (Rs 76 crores) Series A round of ......

Market-bound Zomato seeks CCI nod to invest in Grofers

TMT

30 June, 2021

Market-bound Zomato seeks CCI nod to invest in Grofers

Food delivery service Zomato on Wednesday filed a proposal with the Competition Commission of India to acquire a 9.3% stake ......

From burgers to airfare, discount offers stack up for inoculated Indians

Consumer

23 June, 2021

From burgers to airfare, discount offers stack up for inoculated Indians

Discounts on items ranging from fast food to flights are being offered by Indian firms keen to lure people to ......