Sharing insights on Zomato's recent move to reduce foreign institutional ownership, Dhindsa also outlined Blinkit’s key ...
Zomato has invested Rs 2,800 crore in Blinkit since acquiring the company for Rs 4,477 crore in an all-stock deal in August 2022. This latest investment follows Zomato raising Rs 8,500 crore through a ...
Zomato has invested Rs 500 crore (~$60 million) in Blinkit, bringing its total investment in the quick commerce segment to Rs ...
Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...
HSBC Global analysts expect moderation in expansion strategies, impacting profitability despite increased store capacity.
Fresh off a transformative year, Dhindsa outlined the quick commerce platform’s strategic focus on expansion and investments ...
Gurgaon-based Zomato has infused Rs 500 crore in its quick commerce business Blinkit, according to a regulatory filing made with the Registrar of Companies (RoC). With the latest investment ...
Deepinder Goyal was married to Kanchan Joshi, his college girlfriend, whom he met while they were studying together at IIT ...
In 2022, Zomato ventured into the quick-commerce platform space by acquiring Blinkit, previously known as Grofers, to take on its competitors Swiggy’s Instamart, Zepto, among others.