Blinkit

Blinkit services now available in Vijayawada

TFW Bureau Aug 28, 2024 - 1 min read

Quick commerce giant Blinkit is now available is Vijayawada. The announcement regarding same was made by Albinder Dhindsa, Founder and CEO, Blinkit on LinkedIn. Putting out a post, Dhindsa said that Blinkit has been launched in Vijayawada and the first store of the brand is located in Currency Nagar. This store will serve nearby areas ...

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Small Retailers at Risk: FMCG Distributors Challenge Quick Commerce's Rise

TFW Bureau Aug 24, 2024 - 3 min read

In a letter written to Commerce & Industry Minister Piyush Goyal, FMCG distributors' body AICPDF said this unchecked expansion of quick commerce platforms, which typically deliver goods within 10 to 30 minutes, is creating an "uneven playing field", threatening the livelihoods of millions of small retailers and distributors who have been the backbone of India's ...

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Quick commerce platforms score big on Raksha Bandhan, record peak sales

TFW Bureau Aug 21, 2024 - 2 min read

It rained revenue for quick commerce platforms on the occasion of Rakshabandhan as India ditched exhaustive post-office shopping for quick hassle-free deliveries. Blinkit, which holds about 40% share of the quick commerce market, sold about 700 rakhis every minute. “We’ll cross all-time high orders in a day on blinkit in a couple of minutes. We ...

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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 ...

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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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