More Stories on Grofers
Khosla Ventures had earlier invested an undisclosed sum in Vahan’s seed round

Vahan raises $8 mn in round led by Khosla Ventures

Sep 15, 2021

The freshly infused funds will be utilised to grow the team, scale the business and build new products.

Zomato had launched the pilot grocery delivery service in July this year in select markets offering grocery delivery within 45 minutes to its customers

Zomato to discontinue grocery services from Sep 17; banks on Grofers in the segment

Sep 12, 2021

Zomato said it believes that its investment in Grofers will generate better outcomes for its shareholders than in-house grocery efforts.

Dhindsa said Grofers' partner stores are located within 2 kilometres of its customers.

Grofers founder responds to criticism; explains how co delivers groceries in 10 minutes

Aug 28, 2021

"Last but not the least, not all companies are built on the back of exploitation of the poor. There are companies which are built by creating large swathes of employment..." Dhindsa said.

Grofers was among the few online grocery platforms that continued to operate in India during the pandemic

Grofers 'confident' of under 10-min grocery delivery within 45 days

Aug 23, 2021

The online grocery delivery startup added that it is "confident" of under 10 minutes delivery for the majority of its customers within the next 45 days, as it continues to sign up more partners and keeps building its network

Zomato had last month said it invested USD 100 million for acquiring a minority stake in Grofers as the company looks to have more exposure to the online grocery segment

CCI nod to Zomato's Rs 741-cr investment in Grofers, HOTPL

Aug 18, 2021

Zomato says with the CCI approval, it has completed acquisition of 9.16% of shareholding on a fully diluted basis in GIPL for Rs 518.2 cr and 8.94% of shareholding in HOTPL for Rs 222.8 cr

Zomato was incorporated in January 2010 while Grofers India was set up in May 2015.

CCI approves Zomato buying 9.3% stake in Grofers India

Aug 13, 2021

Zomato, last month, said it has invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company looks to have more exposure to the online grocery segment

Zomato to start online grocery delivery service on its app again

Jul 09, 2021

Zomato had announced its plans of venturing into grocery delivery ahead of the launch of its initial public offering (IPO) that will be out on July 14.

Zomato's has fixed the price band for its much-awaited IPO at Rs 72-76 per share

Zomato to re-enter e-grocery delivery biz with Grofers acquisition

Jul 08, 2021

Zomato launched its e-grocery business last year but it failed to take off due to stiff competition in the segment from Swiggy, BigBasket, and others

Zomato pumps in $100 million in Grofers

Unicorn in the making: Zomato money to take Grofers’ valuation over $1 billion

Jun 30, 2021

Zomato that is aiming for its initial public offering next month will file a proposal with the Competition Commission of India (CCI) this week seeking approval for the Grofers investment

Grofers co-founder Saurabh Kumar

Grofers co-founder Saurabh Kumar exits online grocery retailer

Jun 18, 2021

Saurabh Kumar, or affectionately known as SK, shared the screenshot of the email that he sent to his teammates on Twitter. Kumar will, however, continue to be a shareholder at the company

Women win lawsuit against Google; Tata Sons acquires stake in BigBasket

May 29, 2021

Google was unable to persuade a judge to block a class-action lawsuit over gender pay disparity. The lawsuit was brought on behalf of 10,800 women who claimed that Google pays men more than women for the same job; Russian hackers behind the attacks on SolarWinds customers in 2020, have launched a new wave of cyberattacks on government agencies, think tanks, consultants, and non-governmental organisations, confirmed Microsoft in a blog; Tata Sons has acquired a majority stake in online grocery seller BigBasket through its subsidiary Tata Digital. The stake in BigBasket pits Tata against other rival bigwigs such as Amazon, Flipkart, JioMart and SoftBank-backed Grofers. Watch this and more on News Blast.

Also Read: Reliance Retail plans category expansion on JioMart to fight COVID-19