PhonePe Acquires Indus OS, Settles with Affle Global
Digital payments and financial services company PhonePe said on July 29 that it had completed its long-term acquisition of mobile platform OSLabs following a settlement...
Tag : Grofers
Swiggy Acquires Dineout, Times Internet’s Restaurant Technology Platform
Food aggregator and delivery platform Swiggy said on May 13 that it had signed a definitive agreement with Times Internet to acquire restaurant technology platform...
Blinkit Raises $100 Million From Zomato
Blinkit has raised a new funding round of $100 million from Zomato. Albinder Dhindsa, the co-founder of Blinkit, said that the company would focus on...
Zomato Backsteps on Grocery Delivery for Second Time
Zomato has cancelled its grocery delivery plans for the second time in two years, the company declared in an email. Zomato had begun its 45-minute...
Zomato Invests $ 100 Million to Turn Grofers into Unicorn
Zomato has agreed to invest $100 million in online grocery Grofers for about a 10 per cent stake. According to TechCrunch, the proposed investment values...
Grofers Co-Founder Saurabh Kumar Exits the Company
Saurabh Kumar, who is co-founder of Grofers is leaving the online grocery platform, Dhindsa tweeted on Friday. Kumar will no longer be involved in the...
Delhivery Plans for Launching IPO in Next 12-18 Months
Gurugram-based, logistics unicorn Delhivery Pvt. Ltd. is planning to go public by launching it’s Initial Public Offering (IPO) in over the next 12-18 months, said a top...
Grofers Advances IPO Listing Target to 2021 End
Grofers has advanced its plan to launch an initial public offer by the end of next year after its profitability path zoomed during the lockdown...