Blinkit
Zomato Parent Eternal Infuses Fresh Capital into Blinkit with INR 600 Cr Investment
According to a regulatory filing sourced from the Registrar of Companies, the Blinkit board approved the issue of 3,733 equity shares at an issue price of INR 16,07,161 each.
Zomato Parent Eternal Approves ESOP Grant Worth INR 224 Cr
Eternal, parent company of Zomato and Blinkit, approved 64 lakh stock options under its ESOP 2014, 2021, and 2024 plans, with a total grant value of INR 224 crore.
Zomato Parent Eternal's Profit Tanks 90% as Expenses Take a Big Bite
Eternal's expenses stood at INR 7,433 crore, up by 77 per cent. The company's revenue from operations for Q1 of FY26 stood at INR 7,167 crore, up by 70.4 per cent from INR 4,206 crore in the corresponding quarter.
Zomato goes Eternal
Eternal will encompass four key businesses—Zomato, Blinkit, District, and Hyperpure—driving its multifaceted growth and future expansion.
India's Quick Commerce Landscape to Transform with 5,000+ Dark Stores by FY26: Report
By 2027–28, dark stores are projected to achieve a gross order value of $35 billion to $40 billion.
Zomato Injects INR 500 Cr Into Blinkit for Strategic Growth
The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, aimed at bolstering financial resources for expansion.
Blinkit Launches 10 Min Ambulance Service, "Profit is not a goal here"
Each ambulance will be equipped with essential life-saving equipment, including oxygen cylinders, AED (Automated External Defibrillator), stretcher, monitor, suction machine, and essential emergency medicines and injections, will have a paramedic, an assistant and a trained driver.
Blinkit Enters 10-Minute Food Delivery with Bistro App Launch
Bistro will cater to customers seeking quick access to snacks and ready-to-eat items like sandwiches, samosas, and coffee.
Affordable Footwear Innovators
Founded by Prateek Singhal and Ahmad Hushsham in 2021, Yoho offers affordable, comfortable footwear with over 100 styles, including orthopaedic slippers and sneakers, and plans to expand into kids' and sports footwear.
The Comfort Redefiner
Freecultr, founded in 2019, redefines India's innerwear market with a data-driven, consumer-centric D2C model. Expanding globally, it emphasises comfort, sustainability, and customer feedback, aiming for 50% growth by 2025.
Edtech Unicorn PhysicsWallah Welcomes Ex-Blinkit CFO Amit Sachdeva to Lead Financial Strategy
Sachdeva previously served as CFO at Grofers (now Blinkit), where he led financial operations until its acquisition by Zomato in 2022. His background includes leadership roles at IGT Solutions and Wipro, underscoring his expertise in corporate finance.
Reliance Retail Enters Quick Commerce Market, Set to Challenge Blinkit, Swiggy Instamart, and BigBasket
In an effort to disrupt the rapid commerce industry, Reliance has already started testing pilot programs through JioMart in Bengaluru and Navi Mumbai.
Quick Commerce Companies Celebrated Raksha Bandhan With Record High Sales
Quick commerce companies enjoyed Raksha Bandhan with highest ever sales in one day
Fancy a Drink? Swiggy, Zomato, Blinkit and BigBasket May Soon Be Able to Quench Your Thirst For Liquor
Online food and grocery delivery platforms, Swiggy, Zomato, Blinkit and BigBasket could potentially deliver alcohol in the near future
Indigrid Technology and Hour4u Raise Early-Stage Funding
Here are the Indian startups that announced early-stage funding rounds.