SoftBank is doubling down on its bet with an Indian online grocery delivery startup, its latest foray in the world’s largest untapped tech market
NEW DELHI—SoftBank Group Corp. is doubling down on its bet with an Indian online grocery delivery startup, its latest foray in the world’s largest untapped tech market.
Grofers India Pvt., based in Gurgaon, India, received just more than $200 million in a funding round led by the Vision Fund, which SoftBank Chief Executive Masayoshi Son is using to fund cutting-edge technologies, Grofers said Wednesday. Tiger Global Management and Sequoia Capital, other prominent global tech investors, also participated in the round, Grofers...
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