E-grocer Grofers scraps IPO plans, in talks to raise USD 100 million from food tech giant Zomato | KrASIA

Zomato temporarily rolled out grocery delivery service last year when India was under lockdown and the demand for groceries had picked up.

  • This is the second time the two Gurugram-based startups have tried to shake hands.
  • However, after a few months, Zomato discontinued the service, claiming it was not its core business. “We did grocery because the food delivery business was gone during the lockdown.
  • For 3–6 months, it worked really well and helped us get through the crisis.

KR-ASIA.COM10 May, 2021


Kenneth Ho

Founder & Director @ BEAMSTART. Just launched a VC fund to accelerate awesome startups.

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