Podcast | Grofers gets $200 mn from SoftBank; US-China trade war escalates; will Hinduja brothers refill Jet's empty tank?

Softbank continues to pump money into Indian companies. Online grocer Grofers has raised $220 million in a round led by SoftBank Vision Fund as part of its series F, which also saw participation from South Korean investment firm KTB Ventures as well as existing investors Tiger Global and Sequoia Capital. This investment, which the company claims will be used to expand its supply chain operations, is one of the biggest rounds of financing to take place in India’s online grocery sector.