Grofers, a quick-delivery service for groceries and electronics, has raised $120 million (₹800 crore) led by Japan’s SoftBank Corp. Shardul Amarchand Mangaldas & Co (SAM) acted as the legal counsel.This series D round — which happened at the level of Grofers Singapore — also saw participation from existing investors, such as Tiger Global, Apoletto Asia and Sequoia Capital
Grofers Singapore, part of the Grofers Group, owns and operates the hyper-local grocery and fresh food delivery platform ‘Grofers’ in India. The SAM team was involved in all legal aspects of the transaction, including drafting, negotiation and finalisation of the transaction documents.
It was led by Puja Sondhi, Partner and included Sumeet Singh, Senior Associate, and Vasundhara Garg, Senior Associate Designate.