Grofers has acqui-hired Bangalore-based B2B logistics delivery company Townrush.
The acquisition is primarily for the teams with no significant cash or equity-exchange, said an executive from Grofers to TOI.
The acquisition comes after Grofers’s (unconfirmed) acquisition of SpoonJoy, a Bangalore based food-tech startup. Both startups had previously raised seed rounds, and were reportedly in talks to raise fresh funds.
[Source]