Grofers and zomato
WebAug 19, 2024 · Zomato acquired 8.94% stake in Hands on Trades for INR 222.8 Cr; allotted 448361 preference shares and 1 equity share to Zomato. The said investment in Grofers makes it new entrant to the unicorn club WebJun 2, 2024 · Axis Neo Credit Card Review
Grofers and zomato
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WebSep 12, 2024 · With a $100-million investment in Grofers and a grocery section on its app, this was Zomato's second attempt to deliver staples and fresh fruits and vegetables to its customers besides restaurant ... WebJun 24, 2024 · Zomato Limited agreed to acquire remaining 99.99% stake in Blink Commerce Private Limited from a group of shareholders for INR 49.2 billion on June 24, 2024. ... Rajah & Tann Singapore has acted as Singapore counsel to Grofers International on its acquisition of all the shares in Indian instant delivery service Blink Commerce …
WebDec 17, 2024 · Instead of an acquisition, Zomato went ahead with investing in Grofers to boost its grocery delivery ambition. The company has raised around $800 million in funding to date, as per Crunchbase. WebJun 29, 2024 · Updated at 12.05 PM IST, July 1: Zomato is seeking approval of the Competition Commission of India to acquire a 9.3% stake in Grofers, according to a Thursday filing with the Indian regulator. Our ...
WebJun 29, 2024 · Updated at 12.05 PM IST, July 1: Zomato is seeking approval of the Competition Commission of India to acquire a 9.3% stake in Grofers, according to a Thursday filing with the Indian regulator. WebJun 18, 2024 · IPO-bound food delivery platform Zomato is pressing ahead with its long-held plan to purchase a stake in Grofers, its $100-120 million investment in the online …
Web2 days ago · Grofers, Zomato and the big online grocery battle. In today’s ETtech Morning Dispatch: Grofers set to become a unicorn with Zomato and Tiger Global funding, Restaurants are looking beyond Swiggy and Zomato to acquire customers, and Sequoia picks 13 Indian startups to accelerate. 30 Jun, 2024, 01:55 AM IST.
WebAug 16, 2024 · According to the filings made by Grofers, the investment is expected to give Zomato a 9.16% stake in Grofers India and a 8.94% stake in Hands On Trades. … determination of leave policyWebAug 16, 2024 · Jai Vardhan. August 16, 2024. Exclusive. A day after getting a green signal from the Competition Commission of India, Zomato has invested Rs 741.2 crore or $100 million in Grofers. The investment would also mark a re-entry of the Gurugram-based foodtech company into grocery selling. And the entry of Grofers into the bulging Unicorn … chunky lace up ankle bootsWebJul 9, 2024 · Zomato will soon launch a grocery section on its app, the company said on July 8. It confirmed its $100 million investment in SoftBank-backed online grocery firm Grofers while announcing its IPO. determination of major funds