RIL in talks for majority stake in startup Grab

Known as Grab, the startup provides third-party, last-mile logistics services for food delivery companies, online pharmacy and grocery delivery, among others. “Grab has been talking to potential suitors for the last six-seven months. The company had also held talks with Paytm for an acquisition,” said one of the sources mentioned earlier.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2IQbXZ0