Former Disney India head Ronnie Screwvala is building himself a tidy portfolio of e-commerce companies.
On Monday, his investment company Unilazer Ventures said that it has picked up 25% stake in EkStop Shop, an online grocery retailer.
This is the third e-commerce investment Screwvala has made recently. Last month, the company announced a $6 mn investment in Zivame, an online lingere retailer based in Bangalore. It has also invested in Valyoo Technologies, which runs Lenskart.
Ekstop, based in Mumbai, retails Grocery, house hold supplies, personal care items and stationary among other things.
The e-tailing market in India, approximately over $ 3 bn in size (excluding travel), is dominated by consumer electronics, apparels & lifestyle products, books, music, videos and other categories.