Gurgaon-based hyperlocal delivery start-up Grofers, run by Grofers India Pvt. Ltd, said on Wednesday that the company has raised $120 million in fresh funds largely from Japan’s SoftBank Corp. Russian entrepreneur and venture capitalist Yuri Milner and existing investors Tiger Global and Sequoia Capital also participated in the round, according to co-founder and chief executive Albinder Dhindsa.
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