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Grofers raised fresh funding from BCCL and Parent entity

Nabanita Dutta

News Editor
Image Credit: shortpedia

Grofers has a new investors- the Bennett Coleman & Company Limited (BCCL). Recently Grofers has raised Rs 142.75 crore from BCCL. Apart from that, Grofers has also received Rs 321 crore from its parent entity in Singapore. In the e-commerce grocery sector, Grofers and BigBasket have been ruling the Indian market for the past few years and so far Grofers has powered 125 small and medium retailers across the NCR region.