Aim to file for IPO by end of 2021: Grofers Founder

Online grocery delivery platform Grofers Founder Saurabh Kumar said that company is on track to become cash positive by year-end and will aim to file for an Initial Public Offering (IPO) by the end of 2021. Kumar said they have acquired 18 lakh new customers since March, adding that the path to profitability has accelerated due to the lockdown.