Blinkit

Blink Commerce Private Limited, d/b/a Blinkit and formerly Grofers, is an Indian instant delivery service. It was founded in December 2013 and is based out of Gurgaon.

Blinkit
FormerlyGrofers (2013–2021)
Company typePrivate
IndustryE-commerce, Online shopping
FoundedDecember 2018 (2018-12)
Founders
  • Albinder Dhindsa
  • Saurabh Kumar
Headquarters
Area served
India
Key people
  • Albinder Dhindsa (CEO)
ServicesOnline grocer
Revenue 724 crore (US$91 million) (FY23)
−1,190 crore (US$−150 million) (FY23)
Number of employees
2,000+ (2021)
ParentZomato
Websitewww.blinkit.com

Customers of the company use a mobile application to order groceries and essentials online. Blinkit's employees then secure the items from their warehouse and deliver the items to the consumer within 10 minutes. By November 2021, the company was delivering 1.25 lakh orders every day. Blinkit currently operates in more than 30 cities in India. As of 2021, the company has raised about US$630 million from investors including SoftBank, Tiger Global and Sequoia Capital.

In 2022, Zomato acquired Blinkit for US$568 million in an all-stock deal.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.