Business News
Eternal Invests INR 450 Cr in Blinkit Amid Rising Quick Commerce Competition
The latest funding comes after a series of investments by Eternal into Blinkit in 2025.
Blinkit
Business News
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.
Business News
Zomato goes Eternal
Eternal will encompass four key businesses—Zomato, Blinkit, District, and Hyperpure—driving its multifaceted growth and future expansion.
Business News
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.
Business News
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.
Business News
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.
Business News
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.
Business News
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.
Business News
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.
Business News
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.
Business News
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.
Business News
Quick Commerce Companies Celebrated Raksha Bandhan With Record High Sales
Quick commerce companies enjoyed Raksha Bandhan with highest ever sales in one day
Business News
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
Business News
Indigrid Technology and Hour4u Raise Early-Stage Funding
Here are the Indian startups that announced early-stage funding rounds.
Business News
Curiosity into Creativity Translator: Aditya Sanghavi
Founded in 2015 by Aditya Sanghavi, the Mumbai-based startup claims to retail in over 5,000 stores across the country through distributors and works with a few supermarket chains.
Business News
After PS5 and Atomberg, Lenskart Items Will Now be Sold via Blinkit in 10 Minutes
The recent announcement comes after Blinkit founder Albinder Dhindsa announced a partnership with Atomberg, a manufacturing company for energy-efficient home appliances.
Business News
Blinkit Sales Hit As Delivery Executives Protest Against Pay Cut: Report
The development is estimated to have a bearing on Zomato's consolidated revenues for the first quarter of the current financial year
By Teena Jose
Business News
Ad Banaoge, Trend Karayenge: the Magic Of Moment Marketing
Moment marketing by Blinkit and Zomato has everyone joining the trend
Business News
Zomato Completes Acquisition Of Blinkit
After the acquisition, Zomato plans to start integrating Blinkit on multiple fronts, to begin with customers and delivery fleets and has also plans to move Blinkit to the Zomato app
By Teena Jose
Business News
Zomato Board Likely To Sign Blinkit Acquisition Deal on June 17
Under the acquisition proposal, Blinkit's shareholders expected to get a little less than 10 per cent stake in Zomato
By Teena Jose