The B2B e-commerce platform is set to raise $120 million at a $1 billion valuation from SC Ventures, Invus and others.
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From tea leaves to iPhones, the country’s quick-commerce platforms are reshaping urban retail while proving sceptics wrong about their viability.
The Mumbai-based B2B startup has filed an EOW complaint against a former employee for financial misappropriation. In doing so, it may have opened a can of worms.
For years, the B2B grocery startup stayed put in Bengaluru to perfect its business model. It then took it to multiple cities in India. The company has now scaled back, learning valuable lessons along the way.