Getir, which acquired instant grocery delivery company Blok in July, is now looking to set up a technology hub in India. Blok was Getir’s first acquisition, and helped Getir accelerate its entry into Southern Europe. Getir recently raised USD 550m in Series D funding which makes it a business that’s valued at over USD 7.5bn.
Founded by Hunab Moreno, Vishal Verma and Varun Kapoor, Blok was a relatively new grocery delivery startup that launched its operations in February in Spain and Italy. With its acquisition, Getir gained not only footprints in these countries and a team of ~12, but also access to Indian talent through its technology team based in Bengaluru. Technology and Product for Blok, sat out of India.
In addition to geographical expansion, Getir has also acquired a range of other companies in Turkey charting its path to become the next big super app and expand beyond groceries, food and water. Most recently, they integrated BiTaksi, the country’s leading taxi rental company.
Getir has had a very successful 2021 so far, with launches in nine European countries and over 1 million orders in the UK till date. It has also begun hiring aggressively and is preparing to launch operations in three cities in the U.S by the end of the year.