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Weekly rundown: RIL invests in Dunzo; Zupee, iD Fresh Food bag large VC rounds

Weekly rundown: RIL invests in Dunzo; Zupee, iD Fresh Food bag large VC rounds

Jan 07, 2022, 08:35 PM IST

The concept of quick commerce has been attracting the most venture capital attention with Zepto doubling its valuation to $570 million within five months of launch and Zomato-backed Grofers rebanding to Blinkit to capture the momentum.

CCI nod to Zomato's Rs 741-cr investment in Grofers, HOTPL

CCI nod to Zomato's Rs 741-cr investment in Grofers, HOTPL

Aug 18, 2021, 10:28 PM IST

Zomato says with the CCI approval, it has completed acquisition of 9.16% of shareholding on a fully diluted basis in GIPL for Rs 518.2 cr and 8.94% of shareholding in HOTPL for Rs 222.8 cr

CCI approves Zomato buying 9.3% stake in Grofers India

CCI approves Zomato buying 9.3% stake in Grofers India

Aug 13, 2021, 09:59 PM IST

Zomato, last month, said it has invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company looks to have more exposure to the online grocery segment

Zomato to re-enter e-grocery delivery biz with Grofers acquisition

Zomato to re-enter e-grocery delivery biz with Grofers acquisition

Jul 08, 2021, 04:28 PM IST

Zomato launched its e-grocery business last year but it failed to take off due to stiff competition in the segment from Swiggy, BigBasket, and others