SoftBank-Backed Paytm Mall In Talks To Invest In Grofers, MilkBasket
Shortpedia
Content Team
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The e-commerce arm of One97 Communications, Paytm Mall, is reportedly in talks to invest in online grocery delivery platforms Grofers and MilkBasket. The Deal between Paytm Mall and Grofers may lead up to a merger. Reports suggest that SoftBank is pushing for the investment between Grofers and Paytm Mall. Meanwhile, India’s online grocery market could make $3 Bn in sales in 2020
