The Planorama deal follows Trax' recent acquisitions of China's LenzTech and US-based Shopkick.
The funds will be used to meet the working capital and capital expenditure requirements of the company.
New investors Hillhouse Capital and Altimeter Capital may also join the round.
Grab said, while the capital is sourced from SoftBank, its largest investor, it does not represent a fresh injection of funds into the company.
Flipkart is also working with Google as customers visiting the experience centre can also scan the catalogue through Google Lens.
The firm is also in final talks to invest in an agritech startup that works with farmers.
The startup is valued at around $1.2-1.3 billion after the funding.
Luckin has signed an MoU with Kuwait's Americana Group to launch the business in the Greater Middle East and India regions.
Lightspeed alone is expected to rake in about $1 billion by selling half of its current 13.4 per cent stake in OYO.
The fresh investment round will take Agarwal’s stake to around 30% from 10%.
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