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Zomato invests $100 Mn in Grofers’ Indian entities

Shortpedia

Content Team
Image Credit: shortpedia

A day after getting a green signal from the Competition Commission of India, Zomato has invested Rs 741.2 crore or $100 million in Grofers. The investment would also mark a re-entry of the Gurugram-based foodtech company into grocery selling. And the entry of Grofers into the bulging Unicorn club. Now 22 strong, counting just 2021 entrants.