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New Deal


Announced

Softbank, Tiger Global, KTB and Sequoia to invest $200m in Grofers.

Financials

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Transaction Value£155m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

Acquisition

Natural

Private Equity

delivery services

Single Bidder

Delivery Services

Private

Pending

Synopsis

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Softbank, Tiger Global, KTB and Sequoia, investment companies, to invest $200m in Grofers, online grocery delivery service company. “Grofers had a top line of $400 million and grew 8X in the last two years.” Albinder Dhindsa Grofers co-founder and chief executive officer.

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