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Reports indicate that IPO&nbsp;bound Zomato is looking to invest in&nbsp;e-grocery delivery platform Grofers.
Economic Times reports as per sources that food delivery app Zomato is in looking to invest $100 million in SoftBank&nbsp;backed&nbsp;Grofers,&nbsp;&nbsp;this comes after failed talks of a possible merger over a year ago.
Deepinder Goyal-led Zomator is looking to make the investment as Grofers&nbsp;backs out of US IPO&nbsp;plans and rival Swiggy&nbsp;also looking at fund raising from SoftBank.&nbsp;

Grofers set to receive investment order from Zomato

Reports indicate that IPO&nbsp;bound Zomato is looking to invest $100 million in&nbsp;e-grocery delivery platform Grofers.

<ul>
<li>Zomato&nbsp;likely to invest in Grofers: reports</li>
<li>Zomato&nbsp;likely&nbsp; to invest $100 million into Grofers</li>
<li>Grofers&nbsp;shelves US IPO&nbsp;plans backed by SoftBank</li>
<li>Swiggy likely to bag investment from SoftBank&nbsp;unit&nbsp;</li>
</ul>

Reports indicate that IPO&nbsp;bound Zomato is looking to invest in&nbsp;e-grocery delivery platform Grofers.
Economic Times reports as per sources that food delivery app Zomato is looking to invest $100 million in SoftBank&nbsp;backed&nbsp;Grofers,&nbsp;&nbsp;this comes after failed talks of a possible merger over a year ago.
Deepinder Goyal-led Zomato&nbsp;is looking to make the investment as Grofers&nbsp;backs out of US IPO&nbsp;plans and rival Swiggy&nbsp;also looking at fund raising from SoftBank.&nbsp;

grofers

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