Zomato Injects INR 1,500 Cr In Blinkit

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SUMMARY

Foodtech major Zomato has infused INR 1,500 Cr in its quick commerce arm Blinkit

The latest fundraise comes a month after Zomato injected INR 500 Cr into the quick commerce arm

With the latest funding, Zomato has injected a total of Rs 4,300 Cr in Blinkit since its acquisition

Amid the intensifying competition in the quick commerce sector, foodtech major Zomato has infused INR 1,500 Cr in its quick commerce arm Blinkit. 

According to Blinkit’s regulatory filing, the company’s board of directors approved the…



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Zomato Injects INR 1,500 Cr In Blinkit


SUMMARY

Foodtech major Zomato has infused INR 1,500 Cr in its quick commerce arm Blinkit

The latest fundraise comes a month after Zomato injected INR 500 Cr into the quick commerce arm

With the latest funding, Zomato has injected a total of Rs 4,300 Cr in Blinkit since its acquisition

Amid the intensifying competition in the quick commerce sector, foodtech major Zomato has infused INR 1,500 Cr in its quick commerce arm Blinkit. 

According to Blinkit’s regulatory filing, the company’s board of directors approved the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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