The food delivery platform Zomato refuted the reports that Zomato is in talks with Gurugram-based grocery delivery platform Grofers to acquire it for nearly $750 million.

News reported by Business Insider and the tweet by IANS affirms that Zomato denied the news about the acquisition of Grofers for nearly $750 million.

News reported by Business Insider and the tweet by IANS affirms that Zomato denied the news about the acquisition of Grofers for nearly $750 million.The food delivery platform Zomato had denied the reports that they were in talks with the Gurugram-based grocery delivery platform Grofers for acquiring Grofers for about $750 million. According to statements shared by the Zomato's spokesperson with IANS, the company was partnered to Grofers for navigating the Zomato grocery delivery service. Also, the company has partnerships with some FMCG (Fast-moving consumer goods) companies, local groceries stores and modern retail chains along with Grofers for the delivery of essential items during the COVID-19 pandemic.