SoftBank-backed Indian online grocer Grofers bags $20m from Times Group

SoftBank-backed Indian online grocer Grofers bags $20m from Times Group

Photo: Ramesh Pathania/Mint

Grofers, an Indian online grocer that turned unicorn following its $200-million SoftBank-backed Series F round earlier this year, has raised an additional $20 million by issuing one equity share and a warrant to Bennett Coleman Private Limited (BCCL), also known as Times Group.