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GoPuff bags another investment worth $1bn at a $15 billion valuation

GoPuff, an online grocery and food delivery firm, has raised $1 billion at a $15 billion valuation. A global bunch of new and existing investors like SoftBank Vision Fund 1, Guggenheim Investments and Fidelity Management led the investment round. The digital platform is currently expanding to North America and Europe. GoPuff plans to use the funds to grow its fulfilment centres and technology infrastructure. Rafael Ilishayev, GoPuff’s co-founder, revealed in a podcast that the firm is working to bring 30 micro sites online per month.

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