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Instacart's $265 million raise comes as DoorDash nips at its heels

Instacart raised $265 million, it said Tuesday. The money could go toward lowering fees or adding perks to attract new retailers. But experts say DoorDash will soon be a strong competitor in the grocery delivery space.ย  It seems like the skys the limit for what customers can get delivered from Instacart โ€” and for how much capital the company can raise. The company raised another $265 million from previous backers including Andreessen Horowitz, Sequoia Capital, and D1 Capital Partners, it sai...
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