Delhi - based hyper - local delivery start - up Grofers , run by venture capital Pvt . Ltd , is in talks with investors , including venture Sachs , to raise up to $ 350 crore ( around Rs.310 crore ) , as the start - up looks to expand its portfolio nationally , thanks to two people familiar with the development . A hyper - local delivery service is one which provides home deliveries from local vendors such as grocery 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.