Zomato acquires Blinkit for $568 million in instant ... - TechCrunch
Jun 24, 2022 · Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings …
All about the Zomato and Blinkit deal - iPleaders
Oct 14, 2022 · In August 2021, Blinkit proposed its Unicorn status by raising $120 million from Zomato and Tiger Global. On 24th June 2022, the Board of Directors of Zomato Limited …
Zomato completes acquisition of quick commerce company Blinkit
Aug 11, 2022 · Zomato has completed the acquisition of quick commerce company Blinkit (formerly Grofers) and its warehousing and ancillary services business, the food delivery major …
Blinkit gets Rs 500 crore Zomato ‘boost’ - Times of India
2 days ago · 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 …
Zomato pumps Rs 500cr into arm Blinkit - The Times of India
1 day ago · Zomato has invested an additional Rs 500 crore into Blinkit, its quick commerce business, bringing total funding to Rs 2,800 crore since the 2022 acquisition. This move …
Zomato gives Blinkit a boost; Wipro Q3 results - The Economic …
2 days ago · Albinder Dhindsa, CEO, Blinkit and Deepinder Goyal, CEO, Zomato Gurgaon-based Zomato has invested Rs 500 crore in its quick commerce arm Blinkit, according to a regulatory …
Zomato buys Blinkit for ₹4,508 crore in all-stock deal
Jun 25, 2022 · Food delivery platform Zomato on Friday received its board approval to acquire e-grocery startup Blinkit (formerly Grofers) for ₹4,447 crore ($569 million) in an all-stock deal. …
Zomato infuses Rs 500 crore in quick commerce platform Blinkit
2 days ago · 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 …
Timeline: Zomato’s year-long pursuit of Blinkit - CNBC TV18
Jun 26, 2022 · On June 24, Zomato’s board gave its go-ahead for the Deepinder Goyal-led company to acquire the e-grocery startup Blinkit (formerly Grofers), which was founded by his …
Zomato to infuse Rs 300 crore in quick commerce unit Blinkit as …
Jun 11, 2024 · With the latest investment, Zomato has infused Rs 2,300 crore in Blinkit since it acquired the company in August 2022, as per the filings. Zomato acquired Blinkit, formerly …