Yuri Milner invested in the Indian service Grofers
The owner of the DST fund, Yuri Milner, invested in the Indian delivery service of household chemicals and Grofers products. The total investment of the round was $ 36 million, writes Business Standard. In the current round, Sequoia Capital and Tiger Global funds also took part.
It should be noted that since 2013, Grofers has received about $ 83 million, and the company has received about half of this amount in the past three months. The company is now working in the largest localities of India, delivering goods to the customer within 90 minutes after ordering.
Yuri Milner is the fifth time invested in Indian startups. The last time he invested in another delivery service, Swiggy, in the company Housing, the service to the doctors Practo. In addition, the Milner Foundation DST Global in April last year invested $ 185 million in Ola Cabs.
It should be noted that since 2013, Grofers has received about $ 83 million, and the company has received about half of this amount in the past three months. The company is now working in the largest localities of India, delivering goods to the customer within 90 minutes after ordering.
Yuri Milner is the fifth time invested in Indian startups. The last time he invested in another delivery service, Swiggy, in the company Housing, the service to the doctors Practo. In addition, the Milner Foundation DST Global in April last year invested $ 185 million in Ola Cabs.
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Source: https://habr.com/ru/post/292454/
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