Zomato may invest another $500M in Grofers; Sebi wants more transparency in IPO ads Zomato, which has twice tested and aborted its own grocery delivery service since the start of the pandemic, is now in talks to invest up to half a billion dollars in Grofers as it looks to compete with Swiggy's
Indian startups raised over $400 million across 26 transactions in the third week of November. This week's funding is 76 percent lower than the previous week when Indian startups attracted $1.7 billion.
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