Bad news for Blinkit, Zepto, and Swiggy Instamart: In a move that could impact the quick commerce delivery market, Topmate, a new Indian startup, has claimed of “delivering” humans in 10 minutes.
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.
The Maha Kumbh Mela in Prayagraj, Uttar Pradesh, has attracted millions of pilgrims and tourists, and Blinkit has stepped in to meet their requirements with a temporary store. Blinkit CEO Albinder ...
BlinkIt has claimed it will deliver Xiaomi and Nokia phones in ten minutes. That is a good business strategy. But concerns about possible fraud, customer trust, and the legitimacy of the products are ...
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...
Zomato’s quick commerce arm Blinkit’s adjusted EBITDA loss surged about 13X to INR 103 Cr in the third quarter of FY25 (Q3 FY25) from INR 8 Cr in the preceding quarter, amid rising competition.
Online quick-commerce platform Blinkit has opened a temporary 100 sq ft store at the Maha Kumbh Mela in Prayagraj, catering to the needs of millions of pilgrims and tourists attending the event.
Blinkit faces stiff competition from key players like Swiggy Instamart, which recently went public, and Zepto, backed by Lightspeed, which secured $1.3 billion in funding last year. Other major ...
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 ...
Blinkit, the quick commerce subsidiary of Zomato, reported a higher adjusted Ebitda loss of Rs 103 crore for the October-December quarter, up from Rs 89 crore during the same period last year. The ...
Quick-commerce company Blinkit announced a partnership with Xiaomi and Nokia to bring their phones to buyers in just 10 minutes, starting in parts of Delhi NCR, Mumbai, and Bengaluru. This comes ...
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