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Daily Digest Of Tech Policy News And Updates (May 7, 2021)


Daily Digest Of Tech Policy News And Updates (May 7, 2021)
7 hours ago
Bringing you quick updates on the tech space, policy-making and digital rights from India and across the globe. 
Zomato in talks to invest in Grofers
Food delivery app Zomato, which has just filed for an initial public offering, is in talks to invest around $100 million in Grofers, reported the Economic Times. Zomato has ambitions in the grocery segment and wants to partner with an existing company rather than build something of its own, a source told the publication. SoftBank Vision Fund (SVF), which is the largest shareholder in Grofers with an about 50% stake, was earlier steering conversations around its initial public offering via a special purpose acquisition company (SPAC). ....

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