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IPO-bound food delivery platform Zomato is pressing ahead with its long-held plan to purchase a stake in Grofers, its $100-120 million investment in the online grocery startup at a valuation of a billion dollars entering the last lap and an announcement imminent in the next few weeks, said people familiar with the development..


IPO-bound Zomato's $100-120 million investment in Grofers enters last lap




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