Zomato’s quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling up as competition intensifies in India’s instant delivery market.
Harsh Punjabi, the founder of Dot Company and a popular content creator, recently put forward a unique and unconventional suggestion to Albinder Dhindsa, the CEO of Blinkit, a leading quick ...
As per Blinkit’s regulatory filings, it allotted 2,537 equity shares at an issue price of INR 19.7 Lakh (19,70,181) each to raise INR 500 Cr from Zomato “… pursuant to the resolution passed ...
To maintain its lead, Blinkit has announced SKU (stock-keeping unit) expansion and is expanding into tier-II cities. (Image/Reuters) Zomato has invested an additional ₹500 crore in its quick ...
Foodtech firm Zomato has invested Rs 500 crore in its quick commerce arm Blinkit, taking its total investment in the platform to Rs 2,800 crore since its acquisition in August 2022.
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