Prosus in talks to invest Rs 150 crore in Swiggy Instamart challenger BazaarNow

Prosus in talks to invest Rs 150 crore in Swiggy Instamart challenger BazaarNow



Dutch technology investor Prosus is in talks to invest about Rs 150 crore in BazaarNow at a valuation of around Rs 900 crore, people aware of the matter said, potentially putting Swiggy’s largest shareholder behind a challenger to its Instamart quick-commerce business.BazaarNow, founded by former Zepto executives Priyanshu Jain, Arjun Harish and Tarithmay Mandal, sells groceries and daily essentials, focusing on local products and regional



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