Hyperpure eyes home bakers, caterers amid Blinkit model shift

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Hyperpure, the business-to-business grocery supply arm of rel=”dofollow” href=”https://economictimes.indiatimes.com/zomato-ltd/stocks/companyid-57948.cms” target=”_blank”>Zomato parent rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” target=”_blank”>Eternal, is looking to tap home bakers, caterers, street food vendors and small-scale party suppliers to broaden its customer base beyond restaurants, hotels and cafes, a person aware of the development said.

The push comes as Hyperpure braces for a revenue squeeze after it stopped supplying groceries to sellers on the group’s quick-commerce platform Blinkit – which had contributed more than 60% of its topline, the person said.

Blinkit switched to an inventory-led model from…



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Hyperpure eyes home bakers, caterers amid Blinkit model shift



Hyperpure, the business-to-business grocery supply arm of rel=”dofollow” href=”https://economictimes.indiatimes.com/zomato-ltd/stocks/companyid-57948.cms” target=”_blank”>Zomato parent rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” target=”_blank”>Eternal, is looking to tap home bakers, caterers, street food vendors and small-scale party suppliers to broaden its customer base beyond restaurants, hotels and cafes, a person aware of the development said.

The push comes as Hyperpure braces for a revenue squeeze after it stopped supplying groceries to sellers on the group’s quick-commerce platform Blinkit – which had contributed more than 60% of its topline, the person said.

Blinkit switched to an inventory-led model from…



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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