Grofers, an Indian online grocery startup, has secured $70 million in an ongoing financing round.
Led by Japan’s SoftBank Vision Fund, the funding round was also joined by existing backers, Tiger Global and Sequoia Capital, and new investor, KTB Ventures.
The funding round, which is part of Grofers' ongoing $200 million Series F round, values the company at $567.34 million.
With the latest investment, Grofers has so far raised a total of $531.8 million in over eight funding rounds.