GGV Capital, Balderton Capital and Tiger Global Management led a $260m Series B funding round in JOKR.

Investment firms GGV Capital, Balderton Capital and Tiger Global Management led a $260m Series B funding round in JOKR, an instant grocery delivery startup. Additional investors include Activant Capital, Greycroft, G-Squared, HV Capital, Kaszek, Mirae Asset, Monashees and Moving Capital. “We were not planning to raise so soon — we had sufficient capital after raising the substantial round in July. Since then, we built out in so many different countries and began getting a lot of interest in what we were doing. Our existing investors wanted to double down on our phenomenal and healthy growth, as well as new investors. We are now well capitalized and happy about it," Ralf Wenzel, JOKR Founder and CEO.