WebJul 3, 2024 · Grofers owns Hands-on Trades Pvt Ltd, a private company that engages in B2B wholesale trade with third-party merchants, as well as contract manufactures of food, grocery, and other commodities for … WebAug 16, 2024 · According to the filings made by Grofers, the investment is expected to give Zomato a 9.16% stake in Grofers India and a 8.94% stake in Hands On Trades. …
Zomato Sizzles On Acquiring Minority Stakes In Grofers Hands On …
WebOct 31, 2024 · On August 13, 2024, CCI approved the acquisition of approximately 9.3% shareholding in each of Grofers India Private Limited (‘ Grofers ’) and Hands on Trades Private Limited (‘ HoT ’) by Zomato Limited (‘ Zomato ’). Additionally, under the proposed transaction Zomato would also have one board seat as well as affirmative voting ... WebDec 14, 2024 · Both these firms are then controlled by Singapore-based Grofers Pte, which holds a 99.9% stake in each of the two companies. Starting out with Hands-On Trades, the company sold goods worth Rs … graph analysis and visualization pdf
CCI approves Zomato’s $100-million investment in Grofers
WebAug 2, 2024 · Grofers, or Blinkit, as it is now called, partners with local merchants and brands, logistics partners, payment providers, investors and its acquisitions. Key Activities Some of the major activities that Grofers … WebAug 20, 2024 · Zomato rose 1.52% to Rs 137.05 after the company said that it has completed the process of acquiring minority stakes in Grofers India and Hands-on … WebZomatohas approached the Competition Commission of India (CCI)to acquire 9.3 percent stakein e-grocery startup Grofers, revealed the order, a copy of which YourSt As per the filing, Zomato... graph analysis calculator