SoftBank leads $62 mn funding round in Grofers at lower valuation

Retrieved on: 2018-03-15 13:03:45

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E-commerce

Economy

Grofers

VCCircle

Grofers India Pvt Ltd

Albinder Dhindsa

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SoftBank leads $62 mn funding round in Grofers at lower valuation. View article details on hiswai:

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<div>Existing investors Yuri Milner's Apoletto Managers, Tiger Global, and <b>Sequoia</b> <b>Capital</b> also participated then. The quantum of funds raised then was $120 million (Rs 780 crore). Grofers' revenue for the year through March 2016 had fallen 32% to Rs 58.34 lakh from Rs 86.38 lakh in the previous financial ...</div>

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