CCI approves Zomato’s USD 100 million investment in Grofers
CCI approves Zomato’s USD 100 million investment in Grofers

The CCI has approved Zomato’s request to invest in online grocery platform Grofers India and its wholesale entity Hands-on-Trades. Zomato will pick up a 9.3% stake in Grofers.

In the first week of July, Zomato had sought an approval from the CCI to acquire a 9.3% stake, each, in the online grocer and its wholesale subsidiary.

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