In brief: SoftBank leads $200m round for India’s Grofers
The funding round pushed the startup close to unicorn status. Source link
The capital injection comes as the startup scales its on-board food service. Source link
Mirae Asset and Alibaba are among those backing the online grocer with fresh investment. Source link
The purchase would significantly boost Oyo’s local expertise and presence in the Chinese market, which it entered in November 2017….
Facebook co-founder Eduardo Saverin’s B Capital is also investing in the Indian logistics startup. Source link
The ride-hailing giant is targeting to put a million electric vehicles on India’s streets by 2022. Source link