Food tech giant Zomato has invested Rs 500 crore (nearly $60 million) in its quick commerce subsidiary, Blinkit, bringing its total investment in the quick commerce segment to Rs 2,800 crore since the ...
Zomato, India’s food ordering and delivery platform and Blinkit, a quick commerce entity have announced their 2024 - year end wraps, offering a glimpse into the most popular food choices and ordering ...
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 ...
Will Indian Railways accelerate to global standards with govt’s budgetary allocation? Budget 2025 to catapult India's domestic manufacturing to a global scale With the latest investment, Zomato has ...
In a conversation with CNBC-TV18’s Shereen Bhan on Young Turks Reloaded, Albinder Dhindsa, CEO of Blinkit, emphasised that the company has always felt like a domestic company despite foreign ...
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 ...
Zomato has invested an additional Rs 500 crore in its quick-commerce subsidiary Blinkit, bringing its total investment to Rs 2,800 crore. Blinkit faces tough competition from Swiggy Instamart ...
Blinkit, the quick commerce arm of Zomato, posted an adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) loss of Rs 103 crore in Q3FY25, a 16 percent increase year-on ...
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.