Gorillas Acquisition, Valuation, Funding & Investors

Ninja is an Abu Dhabi-based quick commerce operator delivering groceries and daily essentials within 10 minutes. Launched in UAE, it operates dark stores in major cities and expands through hyperlocal fulfillment networks.

Movile is a Campinas-headquartered investment company that backs mobile commerce platforms across Latin America. It holds major stakes in iFood, Brazil's leading food delivery service processing millions of orders daily, and operates in ticketing through Sympla and children's content via PlayKids. Naspers has been a key shareholder since 2008, supporting expansions into the United States and France. Innova Capital joined as a partner in 2014. Founded in 1999, Movile focuses on online-to-offline applications in education, logistics, and entertainment sectors.

ezCater is a Boston-headquartered online marketplace connecting users with local caterers for food orders. Founded in 2007, the platform facilitates group meals and events through ezcater.com, partnering with thousands of vendors nationwide.

GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business.

Talabat Holding PLC is engaged in the on-demand online food ordering, delivery, takeaway and groceries and convenience retail marketplace in the MENA region, with operations in the UAE, Kuwait, Qatar, Bahrain, Egypt, Oman, Jordan, and Iraq.

Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.

Choco is a Berlin-headquartered B2B platform connecting 50,000 European restaurants with 10,000 suppliers for ingredient orders. Founded in 2018, its app mimics consumer interfaces with chat and ordering lists, processing €4 billion in orders annually. Available in Germany, France, and the UK, Choco raised $150 million in funding and partners with Metro AG and Sysco for digital procurement.

Droom is a Gurgaon-headquartered online automobile marketplace operating in 1,091 cities across India. The platform lists over 600,000 vehicles from 20,000 dealers, valued at more than $14 billion, and integrates tools like Orange Book Value for pricing 460 million queries, ECO inspections at 1,000 checkpoints, and vehicle history databases covering 250 million records. Droom facilitates certified pre-owned sales, loans, and insurance, holding an 80 percent share of India's online auto transactions.

Rohlik operates automated dark stores to deliver groceries including fresh produce, dairy, and household items within 90 minutes across Central Europe. Prague-headquartered in the Karlín district, the company runs platforms as Rohlík.cz in the Czech Republic, Košík.cz in Slovakia, Rohlik.hu in Hungary, Rohlik.at in Austria, and Rohlik.pl in Poland. Launched in 2014, it maintains fulfillment centers in cities such as Prague, Bratislava, Budapest, Vienna, and Warsaw, partnering with regional suppliers for daily restocking.

SeatGeek is a New York-headquartered ticket marketplace aggregating listings for sports, concerts, and theater events. Launched in 2009, its Deal Score algorithm rates ticket value from 0 to 100, while discovery tools via apps integrate user preferences for personalized recommendations through partnerships like Spotify.

The Good Glamm Group is a Pune-based aggregator of beauty and personal care brands including skincare, haircare, and feminine hygiene lines. Founded in 2019, it invests in direct-to-consumer labels like Sirona and The Moms Co., distributing through platforms with over 100 million monthly users. Operations span India with expansion into Southeast Asia.

Alma Media Oyj is a media and service company focusing on digital services and publishing. In addition to news content, the Group's products provide useful information related to lifestyle, career, and business development. The business segments include Alma Career, Alma Marketplaces, and Alma News Media. It generates maximum revenue from the Alma Career segment. The group's business is mainly divided into two geographical areas, Finland from where it earns the majority of its revenue, and the rest of Europe.

Clipboard Health is a staffing marketplace connecting travel nurses, CNAs, and allied health professionals to open shifts at hospitals and clinics. Launched in San Francisco, the platform uses AI matching for qualifications, preferences, and location, enabling one-click applications and instant bookings. Serving over 1,000 facilities nationwide, including Kaiser Permanente and HCA Healthcare, Clipboard Health facilitates flexible per diem work amid healthcare labor shortages.

6 Tea is a Beijing-based online platform pioneering tea room sharing in China. Launched to propagate millennial tea culture, it connects tea enterprises with consumers by facilitating space and product resource sharing. The service enables novel marketing channels for tea businesses through cultural events, virtual rooms, and community-driven dissemination across major cities.

Chrono24 is a Karlsruhe-headquartered online marketplace listing luxury watches from Rolex, Omega, and Cartier through 3,000 dealers worldwide. Founded in 2003, the platform processes sales from 120 countries with buyer protection and escrow services. It hosts over 500,000 listings updated daily.

The RealReal is the largest pure-play luxury resale platform in the US, generating $1.8 billion in 2024 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The company generates revenue via consignment and first-party sales on its online marketplace, and through a small volume of direct sales. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 36% of net merchandise value in 2024, which excludes returns, cancellations, and first-party sales.

Mony Group PLC operates a tech-led savings platform, driven by the purpose of helping households save money. Its comparison sites include MoneySuperMarket, TravelSuperMarket, and Icelolly making it easy to find deals and save money on household bills and financial products, from car, pet, travel, and home insurance to credit cards, loans, savings, pensions, mortgages, bank accounts, holidays, car hire, broadband and TV packages.

Apna is an India-based professional networking platform founded in 2019, serving 75 cities. It connects over 35 million users with 2 million employers for jobs, skilling, and networking, funded by $190 million from Insight Partners, Tiger Global, Lightspeed India, Sequoia Capital India, Rocketship.vc, and Greenoaks Capital.