Grofers

New Delhi: According to Tofler data, Ashneer Grover and his wife Madhuri Jain Grover have formed a new company called Third Unicorn Private Limited in the aftermath of the BharatPe disaster. Grover had tweeted on June 14, while…

Food delivery app ’s board has approved its acquisition of quick commerce startup Blinkit (formerly Grofers) for 4,447 crore (about $570 million) in an all-stock deal. The transaction value is 40% lower than Blinkit’s last valuation of just…

Online food delivery giant Zomato has approved the acquisition of Blinkit for Rs 4,447 crore in an all-stock deal. The company in a regulatory filing said that its board had approved to acquire the quick delivery ecommerce platform, earlier…

Zomato, the popular online food delivery platform is going to acquire online grocery delivery firm Blinkit, news agency Bloomberg reported on Friday.Zomato - backed by Sequoia Capital and Jack Ma’s Ant Group among others - expects the…

Zomato's board of directors has approved the acquisition of online grocery store Blinkit (formerly Grofers) in an all-stock deal at a board meeting, according to a BSE filing. The long-anticipated deal will help Zomato, which has been…

'We will take tough calls where needed in the interest of doing what is right.' Photograph: BharatPe/Twitter   Breaking its silence over controversy at fintech firm BharatPe, Sequoia Capital India on Sunday said it has zero tolerance…

Image Source : PTI Food delivery men of Zomato take COVID-19 test at Krishnankovil Primary Health Centre in Nagercoil, Wednesday, May 12, 2021. Online food delivery platform Zomato on Tuesday said its board has approved granting a…

Indian food-delivery firm Zomato Ltd has reached an all-stock merger with Blinkit that values the instant-delivery service between $700 million (roughly Rs. 5,350 crore) and $750 million (roughly Rs. 5,732 crore).The development was…

Backed by the sharp rise in demand for warehousing in the e-commerce segment and strong production growth, the year 2021 saw leasing of close to 22 million square feet in industrial facilities and warehousing in the top five cities across…

Blinkit, the online delivery platform which was previously known as Grofers, is limiting its operations in India. The company on Monday announced that it will only operate in locations where it can ensure product deliveries to users in 10…