Delhi-based hyper-local delivery start-up Grofers, run by Locodel Solutions Pvt. Ltd, is in talks with investors, including Goldman Sachs, to raise $20 million (around Rs.310 crore), as the start-up looks to expand its service nationally, according to two people familiar with the development. A hyper-local delivery service is one which provides home deliveries from local vendors such as kirana stores.
Delhi-based hyper-local delivery start-up Grofers, run by Locodel Solutions Pvt. Ltd, is in talks with investors, including Goldman Sachs, to raise up to $50 million (around Rs.310 crore), as the start-up looks to expand its service nationally, according to two people familiar with the development. A hyper-local delivery service is one which provides home deliveries from local vendors such as kirana stores.