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Grofers raises $200mn led by SoftBank, nears $1bn valuation
short by Kanishka Pandey / on Wednesday, 15 May, 2019
Gurugram-based online grocery startup Grofers has closed an over $200 million (over ₹1,400 crore) Series F funding round led by SoftBank Vision Fund (SVF) at a valuation of almost $1 billion, Bloomberg revealed. Investors including Tiger Global, Sequoia Capital and KTB also participated in the round. Grofers was founded in 2013 by Albinder Dhindsa and Saurabh Kumar.
read more at Bloomberg Quint