Blinkit gets Rs 1,500-crore cash boost from Zomato
The cash infusion largely goes to cover Blinkit’s losses as it undertakes aggressive expansion and faces intense competition in the quick commerce sector. With this, Blinkit has now received a total of Rs 4,300 crore from Zomato since it acquired the online grocery delivery firm.
The cash infusion largely goes to cover Blinkit’s losses as it undertakes aggressive expansion and faces intense competition in the quick commerce sector. With this, Blinkit has now received a total of Rs 4,300 crore from Zomato since it acquired the online grocery delivery firm.
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