News > Zomato may invest $100 million in Grofers as e-grocer scraps listing plan

Zomato may invest $100 million in Grofers as e-grocer scraps listing plan

07/05/2021 04:08 PM | Click to read full article

Food delivery startup Zomato may invest $100 million in e-grocer Grofers after talks of a merger between the two companies fell through last year.

Maintaining focus on the food business, Zomato wants to expand into the grocery segment through a specialized company instead of building it by itself, a person privy to the deal details told the Economic Times.

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