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e-grocer Grofers raises funds from Euler Fund

Shortpedia

Content Team
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Online grocer Grofers has been in conversation to raise $70-100 million in the fresh round from existing investors for a while. The anticipated round is yet to materialise but it has raised money from Chicago-based asset management firm Euler Fund. Euler is a new investor that has joined Grofers Series F round. Importantly, Grofers’ valuation has not changed with this investment.