Zomato Set to Acquire About 10 Percent Stake in Grofers, CCI Filing Reveals

Zomato is set to acquire a 9.3 percent stake in online grocery delivery platform Grofers, a filing with the Competition Commission of India (CCI) has revealed. The acquisition would help Zomato enter the market of online grocery delivery platforms that already has Tata Group’s BigBasket and Reliance Industries’ JioMart among the key players.