Prosus reportedly in talks to invest Rs 150 crore in BazaarNow
The Economic Times reports that the Swiggy Instamart challenger sells groceries and daily essentials, focusing on local products and regional brands in Tier 2 and 3 cities.
TLDR
The Economic Times reports that Prosus is in talks to invest Rs 150 crore in BazaarNow, a Swiggy Instamart challenger. Founded by former Zepto executives, BazaarNow focuses on local products and regional brands in Tier 2 and 3 cities. It raised Rs 72 crore from Peak XV Partners and others in June.
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