Blinkit
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Quick commerce, Online grocery |
| Founded | December 2013 |
| Founder | Albinder Dhindsa, Saurabh Kumar |
| Headquarters | Gurugram, India |
Key people | Albinder Dhindsa (CEO) |
| Services | Online grocery delivery, Quick commerce |
| Parent | Zomato |
| Website | blinkit |
Blinkit is an Indian quick commerce company that delivers groceries and daily essentials to customers. It was started in 2013 as Grofers by Albinder Dhindsa and Saurabh Kumar. Blinkit is based in Gurugram, India. The company was acquired by Zomato in 2022.[1]
History
[change | change source]Blinkit began as an online grocery delivery platform under the name Grofers. In 2021, the company changed its name to Blinkit to reflect its shift to quick commerce, aiming to deliver items within 10–20 minutes.[2]
In 2022, Blinkit was acquired by Zomato, an Indian food delivery company, to expand its presence in the quick commerce market.[3][4][5]
Parent Company
[change | change source]Blinkit is a subsidiary of Zomato, which is a publicly listed company. The acquisition has helped Zomato enter the quick commerce market.[6]
References
[change | change source]- ↑ "Zomato acquires Blinkit in a $568 million deal". The Economic Times. Retrieved 19 January 2025.
- ↑ "Grofers rebrands to Blinkit to focus on instant delivery". Hindustan Times. 13 December 2021. Retrieved 19 January 2025.
- ↑ "Zomato completes acquisition of Blinkit in $568 million deal". Business Standard. 24 August 2022. Retrieved 19 January 2025.
- ↑ www.ETRetail.com. "Zomato Q4FY24 results: Blinkit nearly triples its revenue; plans to reach 1,000 store mark - ET Retail". ETRetail.com. Retrieved 2025-01-20.
- ↑ Rudra, Tapanjana (2022-08-10). "Zomato Completes Acquisition of Quick-Commerce Startup Blinkit". Inc42 Media. Retrieved 2025-01-20.
- ↑ "Zomato bets big on quick commerce with Blinkit". TechCrunch. Retrieved 19 January 2025.