Zomato acquires minority stakes in Grofer entities

Zomato has completed the acquisition of (i) 9. 16% of shareholding on a fully diluted basis in Grofers India for a consideration of Rs 518.21 crore and (ii) 8.94% of shareholding on fully diluted basis in Hands on Trades for a consideration of Rs 222.83 crore, with the an aggregate consideration of Rs 741.05 crore.

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