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Retrieved on: 2018-03-15 14:00:00
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<div>The development comes less than a month after reports surfaced that the online grocery platform was in talks to raise $60 Mn-$65 Mn from its existing <b>group</b> of investors at a nearly 40% drop in its valuation. An email query sent to Grofers' communication team awaited response till the time of publication.</div>
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