Grocery delivery app Getir races to finalise funding amid sector shakedown

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Grocery delivery app Getir races to finalise funding amid sector shakedown
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The Abu Dhabi sovereign wealth fund Mubadala is in 'advanced talks' to lead a revised capital injection for Getir, which trades in markets including the UK, Sky News learns

Getir, the grocery delivery app which is one of the biggest operators in Britain, is racing to finalise a major fundraising that it hopes will dispel intensifying rumours about its solvency.

The capital injection will be led by Mubadala, the Abu Dhabi sovereign wealth fund, although it is expected to involve a smaller sum than the $500m reported several months ago.

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