# Grofers International Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grofers-international-pte

- Industry: Consumer Services
- Headquarters: Singapore, Singapore
- Total disclosed funding: $523M
- Latest round: Series G (Oct 30, 2021)
- Investors on record: 5

## About

Founded in 2015 and based in Singapore, Grofers International Pte Ltd. operates as the parent company of Blinkit, formerly known as Grofers India Private Limited. The firm offers an e-commerce platform that markets and delivers grocery products. In August 2022, investors Franklin Templeton Alternative Investments (India), ICICI Prudential Life Insurance and Fidelity Investments acquired a minority 7.78% stake in Zomato™ Ltd from Uber Technologies Inc. for INR 30.88 billion, or INR 50.44 per share.

Grofers International, through Blinkit, offers a mobile-based e-commerce platform that allows users to order a wide range of products including groceries, fruits, vegetables, personal care items, electronics, and household supplies. The platform operates on a dark store model, where inventory is stored in local warehouses to enable rapid fulfillment.

## Funding rounds

- Series G, Oct 30, 2021, $79M — Tiger Global Management, Daol Financial Group, SoftBank Group Corp.
- Series F, Feb 4, 2021, $229M — Hong Shan, Tiger Global Management, SoftBank Group Corp.
- Series E, Jul 30, 2018, $59M — Tiger Global Management, Apoletto, SoftBank Group Corp.
- Series D, Jan 1, 2016, $120M — Hong Shan, Tiger Global Management, Apoletto, SoftBank Group Corp.
- Series C, Jan 1, 2015, $37M — Hong Shan, Tiger Global Management, Apoletto

## Investors

- Hong Shan — Series C, Series D, Series F
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C, Series D, Series E, Series F, Series G
- Apoletto — Series C, Series D, Series E
- SoftBank Group Corp. — Series D, Series E, Series F, Series G
- Daol Financial Group — Series G