Bigger India
SoftBank Bets a Bundle on Indian And US Delivery Startups
Grofers and DoorDash secure nearly $600m in recent funding rounds.
SoftBank Group has poured funds into Indian and American delivery-on-demand startups as part of the Japanese technology conglomerate’s larger data-driven growth strategy.
E-grocer Grofers India raised about $60 million in a recent funding round spearheaded by SoftBank. This followed another SoftBank-led round in 2015 that drew $120 million.