Blinkit
- Business
Zomato to trade as ‘Eternal’ on stock exchanges
New Delhi: Food-tech giant Zomato on Thursday officially changed the company’s name to Eternal, following an approval from its board. In a stock exchange filing, the online food aggregator said that when…
- Business
Zomato’s share hits 6-month low amid Blinkit’s expansion plans
Mumbai: Zomato’s share price dropped to its lowest point on Tuesday in nearly six months, following weak Q3 FY25 earnings. The online food delivery giant’s stock marked the lowest price since July…
- Business
Jefferies cuts Zomato stock to ‘hold’
New Delhi: Global brokerage firm Jefferies has downgraded Zomato’s shares to ‘hold’ as it revised the target lower, citing increasing competition as a threat to the online food aggregator’s profitability. Although valuations…
- India
Blinkit launches ambulance service in Gurugram
Blinkit is expanding its “10-minute delivery” business model by introducing five new ambulance services, its CEO Albinder Dhindsa announced on X on Thursday, January 2. For the time being, the ambulance service is…
- India
Kunal Kamra criticizes Blinkit CEO over exploitation of gig workers
Stand-up comedian Kunal Kamra has criticized Blinkit CEO Albinder Dhindsa for exploiting drivers by not paying them a living wage. On December 31, Dhindsa posted on X saying, “1,22,356 packs of condoms,…
- Technology
Zepto’s expenses surge over 71 pc in FY24, losses at Rs 1,248 cr
New Delhi: Blinkit’s rival Zepto saw its expenses surge a whopping 71.6 per cent to Rs 5,747 crore in the last financial year (FY24), as the company clocked Rs 1,248.6 crore in…
- Business
Now send Rakhis to siblings in India from select countries via Blinkit
New Delhi: In an effort to let Indians living abroad send Rakhis and gifts to their siblings in the country, Zomato-owned quick commerce platform Blinkit on Saturday introduced international order service for…
- Business
Blinkit’s rival Zepto raises $665 mn at a $3.6 bn valuation, to go public soon
Mumbai: Quick delivery platform and Blinkit’s rival Zepto on Friday said it had raised $665 million at a $3.6 billion valuation in a highly oversubscribed round — just nine months after the…
- Telangana
Telangana: Food safety dept raids Blinkit warehouse in Medchal, violations found
Hyderabad: In a determined effort to uphold food safety standards, the Commissioner of Food and Safety, Telangana, has initiated a series of stringent inspections across various establishments. On June 5, 2024, the…
- Business
Blinkit offers ‘free dhaniya’ on platform following user feedback
New Delhi: After listening to a user’s mother’s suggestion who had to pay for ‘dhaniya’ (coriander) on Blinkit while ordering veggies, Zomato’s grocery delivery platform has now started to offer ‘free dhaniya’…
- Business
Zomato’s Blinkit turns adjusted EBITDA positive, aims 1,000 stores in FY25
New Delhi: Zomato on Monday said that its quick commerce business Blinkit turned adjusted EBITDA positive in March, as the online food delivery platform clocked Rs 194 crore in adjusted EBITDA for…
- Business
Blinkit now more valuable that Zomato’s core food business: Report
New Delhi: Zomato’s quick delivery service, Blinkit, has become more valuable than its core food delivery business, according to a new Goldman Sachs report. While Zomato’s food delivery business is valued at…
- Business
Samsung India partners Blinkit to deliver Galaxy S24 series in 10 min
New Delhi: Samsung on Thursday announced a tie-up with quick-commerce platform Blinkit to deliver its newly launched Galaxy S24 series in India. Customers living in Delhi-NCR, Bengaluru and Mumbai can order Galaxy…
- India
South Delhi consumer ordered 9,940 condoms from Blinkit in 2023
New Delhi: A South Delhi consumer ordered a whopping 9,940 condoms from Zomato-owned quick delivery platform Blinkit in 2023 who, according to the company, “deserves a standing ovation”. While Gurugram ordered 65,973…
- Technology
NSDC joins hands with Blinkit, Apna, Quess Corp to boost employment
New Delhi: The National Skill Development Corporation (NSDC), working under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE), on Monday announced that it has signed Memorandum of Understanding (MOUs)…
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