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Zomato acquired Blinkit for less than $600 million in 2022. The investment bank believes that India’s quick commerce market is poised for growth due to several factors, ...
Indian quick commerce platforms are going to introduce a new set of fees and handling charges like basket size levies, ...
Captioned “@letsblinkit, please check what your stores are delivering,” the video also features an overlaid text that reads, ...
Eternal's shares have surged 30% since March, fueled by Blinkit's rapid growth and dark store expansion. While Blinkit aims ...
Despite new players like Amazon and Walmart-owned Flipkart entering the market, analysts believe companies like Swiggy, ...
Zomato Calls Blinkit "Adopted Sis". Gets A Cheeky Response Zomato acquired Blinkit in 2022 for $568 million, after initially investing $100 million for a 9 percent stake in 2021.
Indian consumer products distributors have lodged an antitrust complaint against major quick-commerce players Zomato-owned BlinkIt, Swiggy’s Instamart and Zepto, alleging deep discounting ...
Zomato-owned quick commerce platform, Blinkit, known for its 10-minute grocery deliveries, is working on a new category of high-value items that will be delivered in 30 minutes, ...
Blinkit, the quick-commerce arm of Indian food delivery platform Zomato, has launched Bistro, a new app dedicated to delivering snacks, meals and beverages within ten minutes. The move is seen as ...
For the unversed, Zomato acquired Blinkit (formerly Grofers) in an all-stock deal of Rs 4,447 crore in June 2022. The post has so far garnered over 80k likes and hundreds of amusing comments so far.
Deepinder Goyal, group CEO and co-founder of Zomato, in a letter filed with the BSE said that when they acquired Blinkit, we started using “Eternal” (instead of Zomato) internally to ...
Deepinder Goyal, known for steering the food-tech industry in India with his company Zomato (earlier known as Eternal) and a ...