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

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 for $568 million in 2022. 

"We have been focused from the beginning to increase the selection for our customers and offer it in the most efficient way to them. This has meant that the average selection available to customers in any neighbourhood has increased between 4-5x over the last eight quarters - we are now able to offer up to 25,000 unique SKUs to our customers in some locations. A large part of this expansion in selection has happened outside of the traditional grocery segments ofFMCG, fruits & vegetables and staples. Over the last six quarters, we have launched and scaled products in electronics, beauty & make-up, pet care, and toys & games and we will continue to invest behind opportunities in newer categories as well," Blinkit CEO Albinder Dhindsa said in a note. 

He added that next target is to hit 2,000 dark stores by the end of 2026 from 639 at the end of the June quarter of this fiscal.

"As of now, we see a line of sight of getting to about 2,000 stores for our current business. Most of these stores would be in top 10 cities in India. Beyond the large cities, the size of the market is still undiscovered. If everything goes as planned (which usually doesn’t), we plan to get to 2,000 stores, latest by the end of 2026 while remaining profitable," Dhindsa added.