Blinkit gets Rs 500 crore Zomato ‘boost’
Zomato has invested an additional Rs 500 crore in its quick-commerce subsidiary Blinkit, bringing its total investment to Rs 2,800 crore. Blinkit faces tough competition from Swiggy Instamart, Zepto, Flipkart, and Amazon. To maintain its market position, Blinkit is expanding its dark stores and has launched new services like 10-minute food and ambulance deliveries.
Zomato has invested an additional Rs 500 crore in its quick-commerce subsidiary Blinkit, bringing its total investment to Rs 2,800 crore. Blinkit faces tough competition from Swiggy Instamart, Zepto, Flipkart, and Amazon. To maintain its market position, Blinkit is expanding its dark stores and has launched new services like 10-minute food and ambulance deliveries.
