Zomato and Grofers in talks for a potential merger

Online food delivery startup Zomato & eGrocery startup Grofers are in early-stage conversations for a potential merger, If the deal goes through, it will boost Zomato’s positioning against its arch-rival Swiggy Grofers CEO Albinder Dhindsa declined to comment on the story. A Zomato spokesperson, however, said. “We have partnered with Grofers, along with various FMCG companies, local groceries stores and modern retail chains, to pilot our grocery delivery service. We are not aware of any other conversation with Grofers.” If the deal goes through then SoftBank & Alibaba would join hands for the second time after Paytm deal, where Alibaba invested in Paytm in 2014 and SoftBank joined the board in 2017

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