Grocery delivery startup Grofers gets ₹321 crore from parent firm

Gurugram-based online grocery delivery startup Grofers has raised ₹321 crore from its parent entity in Singapore, regulatory filings revealed. The SoftBank-backed startup has also issued a share warrant worth nearly ₹143 crore to Bennett Coleman & Company Limited (BCCL). Founded by IIT alumni Albinder Dhindsa and Saurabh Kumar, Grofers has raised nearly ₹3,800 crore to date, as per Crunchbase.