Blinkit

Blinkit targeting 2,000 dark stores by 2026: CEO Albinder Dhindsa

TFW Bureau Aug 02, 2024 - 2 min read

Online food delivery majorZomato-controlled Blinkit achieved impressive financial performance in the first quarter of the fiscal year 2025, as per reports. Blinkit’s revenue increased significantly by 22% quarter-on-quarter, reaching Rs 942 crore. Furthermore, the Gross Order Value (GOV) experienced substantial growth, rising by 130% year-on-year and 22% quarter-on-quarter to Rs 4,923 crore. Zomato had acquired Blinkit ...

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Ola's Strategy to compete with Blinkit and Swiggy Instamart

TFW Bureau Jun 29, 2024 - 2 min read

  Ola, a taxi service, is planning to start delivering groceries. Ola plans to use the Open Network for Digital Commerce (ONDC) platform to introduce its services in the next days, according to a report. Ola is making its third effort to enter the online grocery delivery market with this initiative. They had previously introduced stand-alone supermarkets and a food ...

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Zomato to pump in Rs 300 crore in quick commerce unit Blinkit

TFW Bureau Jun 11, 2024 - 1 min read

Food delivery company Zomato will infuse Rs 300 crore into its quick commerce unit Blinkit, as per regulatory filings made with the Registrar of Companies (RoC). With this, Gurgaon based Zomato has infused nearly Rs 2,300 crore since acquiring Blinkit in August 2022. Zomato acquired Blinkit, formerly known as Grofers, in an all-stock deal for ...

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Food safety body inspects Blinkit warehouse in Telangana, finds violations

TFW Bureau Jun 08, 2024 - 1 min read

As per a recent post on social media ,The Commissioner of Food Safety, Telangana raided a warehouse of Zomato-owned Blinkit and found numerous health violations.  The inspection was conducted in a warehouse at Devar Yamjal, Medchal Malkajgiri District on June 5. The Commissioner of Food Safety, Telangana, shared the post on the social media platform ...

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Blinkit targets 1,000 store mark by FY25, triples revenue in Q4 FY24

TFW Bureau May 14, 2024 - 1 min read

Blinkit’s revenue from operations for the financial year that ended March31, 2024 stood at Rs 2,301 cr against Rs 806 cr in the last fiscal, as per the regulatory filing.Industry reports quote Albinder Dhindsa, the CEO of Blinkit, saying that store expansion is one of thekey vectors of growth for the brand.&quot;In addition to scaling ...

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Getting the business plan right

Opportunity India Desk Sep 29, 2017 - 3 min read

A business plan is essential as it puts across your commitment and ability to carry out the business to the potential franchisor and the lenders. The potential franchisor will look out for the best franchisee which will be indicated by the business plan submitted by them. Making a business plan can be a cumbersome task ...

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